Trading Edges That Last
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S&P 500 Sep 03 to Sep 07 Outlook
Lawrence’s Comment
Y-1 retested and defended. For more details read the comments on Dow. Closed the week near midpoint.
Outlook
Almost inside week. Y-1 defended means B+1 will be challenged.
Critical time. B+1 acting as resistance will stage ES like NQ into the spike and ledge formation.
A break out of the B-1 to B+1 range is necessary to give us the swing direction. For now, taking it one day at a time.
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