Recap Zoomed higher in early part of the week due to rumors. Once Y+1 area failed to hold this market up, it slided back down to the strong support zone of Y-0 quickly. Closed the week above Y-0.
Outlook As long as Y-0 stays as support for this market, B-0 should be retested. Clearing B-0 will give us B+1 quickly.
Lawrence's Comment
Recap
More upside as expectation. 1.14 proven strong resistance as stated in Jun MBO newsletter update. Pullback to Y-0 eventually. Closed the week near Y-0 and week low.
Outlook
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Overview
Emini overnight range 2171.75 to 2178.00 (at 9:00 am)
Overnight Midpoint 2175.00
Previous Month High 2163.50
Battleplan for the Day
(premium member only content below)
Dow 30 Jun 25 to Jun 29 Outlook
Lawrence’s Comment
Zoomed higher in early part of the week due to rumors. Once Y+1 area failed to hold this market up, it slided back down to the strong support zone of Y-0 quickly. Closed the week above Y-0.
Outlook
As long as Y-0 stays as support for this market, B-0 should be retested. Clearing B-0 will give us B+1 quickly.
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