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Lawrence's Comment Recap Gap down open led to an all out rally defending Y-0. The surprise move to many was good enough to get Y+1 early in the week. ES holding above ...READ MOREFor more information about this report please refer to the Market Bias Informant pageREAD MOREESNQAH High2664.256611.25AH Mid2642.006550.75AH Low2619.756490.25READ MORELawrence's Comment Recap Mentioned last week I am not interested in Loonie this week. Time saved as it did absolutely nothing the whole week. Closed the week at midpoint with ...READ MOREEURUSD Sep 28 to Oct 02 OutlookS&P 500 Apr 13 to Apr 17 OutlookIntraday Cycle Projection (ES) 2011-11-09Precog Vision – US Indices 2018-9-3ES Chart 2021-09-13US Market Pre-Open 2018-4-63DP Odds Table (SPY) 2021-06-18USDCAD Mar 19 to Mar 23 Outlook3DP Odds Table (SPY) 2014-09-18Weekly Cycle Projection (ES) 2014-01-21
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S&P 500 Aug 03 to Aug 07 Outlook
Lawrence’s Comment
ES gap lower to start the week from long term support zone where the major open gaps are. ES found support there and launched a rally straight back up to previous week midpoint to welcome the FOMC announcement. ES struggled since in consolidation around Y-0. Closed the week near Y-0 and above midpoint.
Outlook
Indecision after FOMC meeting means there is a fight to be carried out this week. Until we see a clear trend develops on 30-min, this week may ended up being a normal summer tight range week.
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