Trading Edges That Last
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Lawrence's Comment Recap Once Y-0 was breached, we get our target Y-2. Pretty easy, isn't it? Outlook B-1 is potentially a strong support level as many shorts are trapped underneath. If B-1 acts as ...READ MORELawrence's Comment Recap As expected, Y-0 was tagged after multiple attempts to break below Y-1 and failed. Closed the week near midpoint. Outlook Loonie likely trapped between B+1 down to B-1 over ...READ MOREFor more information about this report please refer to the Market Bias Informant pageREAD MORE
As Featured In
S&P 500 Oct 28 to Nov 01 Outlook
Lawrence’s Comment
This week S&P followed Dow instead of NQ. Consolidated above Y+1. Closed the week above Y+1 and near week high.
Outlook
A potential swing is in place with price break at B-1 to confirm with target below B-3.
Until the support level is broken S&P can continue to drift higher as we have seen significant decrease in volume.
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