Lawrence's Comment
Recap
Gap zone tested and failed to fill the gap. Price breakdown to Y-2. Bounced back to Y-1. Then 100% absolute range expansion to the downside stopped the drop. ...
Lawrence's Comment
Recap
The sarcastic question I asked last week was answered. Dow held previous week close and zoomed higher. Closed the week at Y+3 and week high.
Outlook
Widest weekly range for quite ...
S&P 500 Projection for Year 2015 Based On Last Most Famous Rate Hike
Year 2000 was the year with the most famous rate hike.
Now look at the way how year 2015 started.
Not only the structures look similar. The daily volatility of year 2015 so far also resembles the volatility of year 2000.
This year will be very interesting for day traders who are well prepared.
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