S&P 500 Apr 11 to Apr 15 Outlook

By News Robot

Lawrence’s Comment

Recap
No real direction after a week of extreme trend buy days countering the overnight weaknesses. Consolidation / backfill actions waiting for the next news shock. Closed the week below Y-0 and midpoint.

Outlook
FOMC announcement crime scene not tagged so far and a breakdown below Y-1 points to a rush towards that target. Difficult week ahead due to FOMC special meeting on Monday may set the tone for the week.

Share

  • You must be logged in to comment. Log in