Mid day upate: Emini S&P gapped above channel mid and forced a run back up to down channel top. How ES behaves at this price level will determine if we are going to get further sell off or break out of the down trend completely.
Overview
Emini overnight range 2029.25 up to 2043.00 (at 8:55 am)
Overnight Midpoint 2036.00
Previous Day Low 2034.50
Emini S&P is now trading at the top part of its range with ...
Lawrence's Comment
Recap
As indicated last week the end of week rally from the week before was not a sign of reversal. That trapped a lot of longs. ES gapped higher at ...
Lawrence's Comment
Recap
Pullback to near Y-0 as expected. Going sideway consolidation around previous week close in 50% range. Closed the week above Y-1 and near midpoint.
Outlook
Consolidation after wide range ...
Emini S&P Back to Channel Top Jun 10, 2015
Mid day upate: Emini S&P gapped above channel mid and forced a run back up to down channel top. How ES behaves at this price level will determine if we are going to get further sell off or break out of the down trend completely.
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