Recap Bounced slightly stronger than my expectation. Tagged Y-0 but failed to hold above the midpoint. Trapped within the range all week since. Closed the week above midpoint.
Outlook Breakout mode. Above B+1 looking for B+2 and B+3. Below B-1 quick dump to B-2 and then B-3.
Lawrence's Comment
Recap
As expected, ES dropped below 2000 to challenge its monthly support zone. Picture perfect Y-2 test sent ES striaght back up to Y-1, breakout and zoom higher to Y-0 ...
Lawrence's Comment
Recap
I was looking for a reversal and we got it. The run back up to Y+1 was not a surprise. What is interesting is the continuous grind up despite ...
S&P 500 May 28 to Jun 01 Outlook
Lawrence’s Comment
Bounced slightly stronger than my expectation. Tagged Y-0 but failed to hold above the midpoint. Trapped within the range all week since. Closed the week above midpoint.
Outlook
Breakout mode. Above B+1 looking for B+2 and B+3. Below B-1 quick dump to B-2 and then B-3.
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