Outlook Wide range week with exhaustion signs often points to inside week to follow. So normal expectation here is that ES will be trapped between Y+3 down to Y+1 with slight bearish bias.
Again, is bearish bias allowed in this environment? LOL.
Lawrence's Comment
Recap
Y+1 tested and rejected. Back down to Y-0 and then collapsed to Y-1. Y-0 turned into strong resistance and sent Dow all the way down to Y-3 which is ...
S&P 500 May 20 to May 24 Outlook
Lawrence’s Comment
See Dow comments for more info.
Outlook
Wide range week with exhaustion signs often points to inside week to follow. So normal expectation here is that ES will be trapped between Y+3 down to Y+1 with slight bearish bias.
Again, is bearish bias allowed in this environment? LOL.
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