Emini S&P What to Expect from Here Jan 14, 2016

By Lawrence

Mid-day Update: I posted back in the beginning of the year on what to expect from the bearish start in Emini. Here is an update of the chart.

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It is clear that once Emini S&P failed to hold the tighter down channel, it moved swiftly down to the 100% expansion target. It then bounced strongly today from the higher timeframe channel support.

Bragging time here – screenshot of my real-time commentaries this morning.

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What to expect next?

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Comments
  • WeeklyOF January 14, 2016 at 6:31 pm

    clarification, I think u mean BEAR FLAG earlier this week that broke out to 100% and if PWL or MON’s low=1890’s holds, then good case for 1930’s/1940’s

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