Trading Edges That Last
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Lawrence's Comment Recap Bottoming formation gave us a run from Y-0 to Y+2, yet Y+1 failed to act as support. Closed the week below Y+1 and midpoint. Outlook Y+1 failing to hold means the ...READ MOREESNQAH High1639.502976.50AH Mid1635.882970.63AH Low1632.252964.75READ MOREFor more information about this report please refer to the Market Bias Informant pageREAD MOREESNQAH High2163.254714.00AH Mid2161.384709.88AH Low2159.504705.75READ MOREReal-time Commentaries 2015-1-12AUDUSD Jul 28 to Aug 01 OutlookUS Market Pre-Open 2013-6-18Precog Vision – US Indices 2019-1-153DP Odds Table (SPY) 2020-04-01US Market Pre-Open 2016-7-283DP Odds Table (SPY) 2011-06-29S&P 500 Jun 05 to Jun 09 OutlookReal-time Commentaries 2017-7-24Real-time Commentaries 2022-3-8
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S&P 500 Dec 02 to Dec 06 Outlook
Lawrence’s Comment
A weak version of what happened to Dow. 50% previous week range. Closed the week at Y+1 / previous week close and below midpoint.
Outlook
If we are getting a spike reversal here for real, we need ES to close on daily basis below B-1 quickly. That will open the door to a flush back down to below B-3.
Without a strong down move to trigger more selling, I do not expect significant swings to happen this coming week as volume dry up during the holiday season.
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