S&P 500 Sep 17 to Sep 21 Outlook

By News Robot

Lawrence’s Comment

Recap
ES was capped in the beginning of the week for 3 days even when Euro zone b.s. its way out. But Fed announcement changed everything. A hard squeeze on the shorts sending ES up to 100% absolute range expansion target before it stalled. Closed the week at Y+2.

Outlook
Option expiration week with 2 surprises happened last week, is set to go lower by Friday.

Monday and Tusday may just consolidate around B+1.

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