Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap Drifted up as expected, except that shock caused by euro broken down. Closed the week at midpoint. Outlook A new year means a new initiation process starting this week. ...READ MOREIntraday Cycle Projection (SPY) 2019-08-27Intraday Cycle Projection (SPY) 2023-05-023DP Odds Table (ES) 2020-01-10Real-time Commentaries 2016-8-253DP Odds Table (SPY) 2011-10-20Nasdaq 100 Apr 10 to Apr 14 Outlook3DP Odds Table (SPY) 2013-12-043DP Odds Table (ES) 2021-01-11Nasdaq 100 Jan 02 to Jan 06 Outlook3DP Odds Table (SPY) 2021-01-21
As Featured In
S&P 500 Aug 26 to Aug 30 Outlook
Lawrence’s Comment
ES flushed down to the downside target area and bounced quickly back up to above Y-1. That staged the rally back up to challenge the open gap above. Closed the week at week high and above Y-1.
Outlook
Potential whiplash break down in play. As long as ES failed to go above Y-0 / B+2 early in the week, continuation sell off will take ES back down to B-1 and likely much lower.
Share