Mid-day Update: Posted on Tuesday what to expect for the rest of the week. Here is the updated 15-minute chart. Obviously, previous week midpoint (red zone) was tagged and breached on retest. Previous week low (PWL) and the big gap below is now in play.
FTW – What I posted this morning:
Trading can be easy if you learn to read the charts correctly.
Overview
Emini overnight range 2116.75 to 2128.75 (at 9:00 am)
Overnight Midpoint 2122.75
Previous Week Close 2127.00
Battleplan for the Day
(premium member only content below)
Lawrence's Comment
Recap
Pullback to Y-0 and took off immediately. Got the upside target 12900 as mentioned last week. Closed the week at Y+1 and midpoint.
Outlook
So far Dow has failed ...
Emini S&P Downside Targets Jul 24, 2015
Mid-day Update: Posted on Tuesday what to expect for the rest of the week. Here is the updated 15-minute chart. Obviously, previous week midpoint (red zone) was tagged and breached on retest. Previous week low (PWL) and the big gap below is now in play.
FTW – What I posted this morning:
Trading can be easy if you learn to read the charts correctly.
Join us to get my real-time analysis.
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