S&P 500 Mar 16 to Mar 20 Outlook

By News Robot

Lawrence’s Comment

Recap
ES flushed down to Y-2 instead of holding above, that set the stage for strong resistance at Y-1 and more downside. 100% absolute range expansion stopped the drop. Closed the week above Y-2 and below midpoint.

Outlook
A temporary low could be in place for a consolidation week. Gaps everywhere means wild price swings is expected to continue.

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