Recap ES gapped above Y-0 and sparked a squeeze back up to Y+1. Y+1 resistance sent ES back down to Y-0 and below. ES attempted to fill the gap below. Closed the week near Y-0 and below midpoint.
Outlook Y-0 / B-0 resistance for the completion of gap fill below. B-2 test likely results in all out sell off down to B-3.
Lawrence's Comment
Recap
The only index that acted in normal fashion. Pulled back to our target zone as expected and then Fed announcement was right on time to send NQ ...
Lawrence's Comment
Recap
Dow gapped higher on news related to Brexit. News driven market all the way right up to Brexit. Brexit led to gap down on Friday to Y-1 and sparked ...
S&P 500 Sep 14 to Sep 18 Outlook
Lawrence’s Comment
ES gapped above Y-0 and sparked a squeeze back up to Y+1. Y+1 resistance sent ES back down to Y-0 and below. ES attempted to fill the gap below. Closed the week near Y-0 and below midpoint.
Outlook
Y-0 / B-0 resistance for the completion of gap fill below. B-2 test likely results in all out sell off down to B-3.
Share