Trading Edges That Last
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Lawrence's Comment Recap Drifting around Y-0 as predicted last week. Once the G7 intervention started, breakout above Y+1 and tagged Y+2 tagged. Close at the high of the week. Outlook If pullback to ...READ MOREFor more information about this report please refer to the Market Bias Informant pageREAD MOREReal-time Commentaries 2011-12-5Precog Vision – US Indices 2012-2-14Hot n Cold (ES) 2016-12-303DP Odds Table (SPY) 2023-03-27ES Chart 2007-10-10EURUSD Mar 21 to Mar 25 OutlookHot n Cold (ES) 2011-5-12Weekly Cycle Projection (SPY) 2011-10-03Precog Vision – US Indices 2015-1-12Intraday Cycle Projection (ES) 2017-12-29
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S&P 500 Mar 30 to Apr 03 Outlook
Lawrence’s Comment
ES dropped back to Y-0 as expected. The breakdown scenario also unfolded right after. ES found support after testing the swing low on daily. Closed the week near Y-1 and below midpoint.
Outlook
Wide range selloff week right after a week of extreme gain likely scare off / cleaned out many traders this week. Consolidation is likely with strong resistance at B-0.
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