Recap A wash week as I told my premium members with last 2 days of the year likely bearish wiping out the gains. Closed the week above Y-0 and near week low.
Outlook Monday gap down to B-2 will be test of critical support. That holds, we have the potential of another leg moving higher into first NFP for the year.
Review of Forecast for Nov 9, 2015
Sharp pullback with intraday volatility picking up as forecasted. The projected 5% pullback still in progress. The breadth analog model did an excellent job ...
S&P 500 Jan 04 to Jan 08 Outlook
Lawrence’s Comment
A wash week as I told my premium members with last 2 days of the year likely bearish wiping out the gains. Closed the week above Y-0 and near week low.
Outlook
Monday gap down to B-2 will be test of critical support. That holds, we have the potential of another leg moving higher into first NFP for the year.
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