Recap Bounced slightly stronger than my expectation. Tagged Y-0 but failed to hold above the midpoint. Trapped within the range all week since. Closed the week above midpoint.
Outlook Breakout mode. Above B+1 looking for B+2 and B+3. Below B-1 quick dump to B-2 and then B-3.
Lawrence's Comment
Recap
Stayed strong since beginning of the week and zoomed to almost tagging my target of Y+2. Closed the week near Y+1 and midpoint.
Outlook
Last week was a variation of consolidation ...
Lawrence's Comment
Recap
Y-1 support earlier in the week led to stop run back up to Y+1. Brexit spike reversal gave us the Y-3 breakout target. Closed the week near Y-2 and ...
S&P 500 May 28 to Jun 01 Outlook
Lawrence’s Comment
Bounced slightly stronger than my expectation. Tagged Y-0 but failed to hold above the midpoint. Trapped within the range all week since. Closed the week above midpoint.
Outlook
Breakout mode. Above B+1 looking for B+2 and B+3. Below B-1 quick dump to B-2 and then B-3.
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