Recap Pullback to support zone mentioned last week. That held up well and sent ES striaght up to Y+1. FOMC announcement induced volatility and ended up resolving to the upside. Closed the week near Y+1 and midpoint.
Outlook Topping below B+1 points to potential breakdown below B-1.
Well, it is my bragging time.
What I posted this morning before open:
AL is afterhours low at 2053.75. PDL-100 is 100% range below previous day low near the same area.
What I ...
All 3 US indices are testing their respective resistance zone from below.
ES - A test of previous quarter / month / week high zone is in progress.
The distance among these ...
S&P 500 Nov 02 to Nov 06 Outlook
Lawrence’s Comment
Pullback to support zone mentioned last week. That held up well and sent ES striaght up to Y+1. FOMC announcement induced volatility and ended up resolving to the upside. Closed the week near Y+1 and midpoint.
Outlook
Topping below B+1 points to potential breakdown below B-1.
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