Lawrence's Comment
Recap
Gap down in beginning of the week failed to gap below Y-1 to trigger the melt down scenario. That gave fuel to ES for a rally to ...
Lawrence's Comment
Recap
As expected, Dow failed to porduce any rally off Y+1 and crashed back down below Y-0 area. As last week was option expiration, Dow did not tag Y-1 ...
Emini S&P Trapped Channel Play Jun 24, 2015
End of day update: Emini S&P still trapped in the same channel structural as explained yesterday.
Re-entering the down channel will lead to very fast drop down to the channel mid around low 2080s.
If Emini S&P successfully defend the current day low, another run higher will take it up to 2130s.
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