Recap A steep selloff to start the week as expected. Rallied since after the open gap below was filled. Y+2 was tagged. Closed the week above Y+1 and midpoint.
Outlook NFP week points to potential updrift all week until NFP Friday. This puts B+2 round number 2000 in play. Rally on no volume is not a good sign though and the complete rally can be wiped out within days after NFP.
Many Emini traders incorporate the pivot support resistance method into their trading strategies. Yet rarely do we see robust studies done on this classic day trading technique. Many beginner traders ...
Recap of Last Week Stalled from weekly open range established on Monday, failed to hold prior week high on 2nd try, leads to a quick drop towards prior week ...
Lawrence's Comment
Recap
Consolidation as expected in first half of the week. But then Dow and S&P started their battle of short elimination, taking NQ higher in the process. NQ cleared Y+1 ...
S&P 500 Feb 29 to Mar 04 Outlook
Lawrence’s Comment
A steep selloff to start the week as expected. Rallied since after the open gap below was filled. Y+2 was tagged. Closed the week above Y+1 and midpoint.
Outlook
NFP week points to potential updrift all week until NFP Friday. This puts B+2 round number 2000 in play. Rally on no volume is not a good sign though and the complete rally can be wiped out within days after NFP.
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