Recap Y-0 failed to act as support right from the start of the week. Dropped to Y-1 since and then breakdown to Y-2. Closed the week below Y-2 and near week low.
Outlook 2000 strong support zone for longer term swing bottom. Volatility can flush ES lower first though before it snap back up.
Lawrence's Comment
Recap
Y+1 tested and rejected. Back down to Y-0 and then collapsed to Y-1. Y-0 turned into strong resistance and sent Dow all the way down to Y-3 which is ...
Review of Forecast for Oct 12, 2015
Pullback of 1.5% capped the drop so the 2% and more decline did not materialize. Volatility uptick happened but not by much. The breadth ...
S&P 500 Dec 14 to Dec 18 Outlook
Lawrence’s Comment
Y-0 failed to act as support right from the start of the week. Dropped to Y-1 since and then breakdown to Y-2. Closed the week below Y-2 and near week low.
Outlook
2000 strong support zone for longer term swing bottom. Volatility can flush ES lower first though before it snap back up.
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