Recap Snapped back up to Y-0 as predicted. Failed to hold above Y-0 and falled back down to Y-1. Effectively consolidated within Y-1 to Y-0 area. Closed above midpoint of the week.
Outlook Potential bottom in place on daily.
Not much resistance directly above until B+2 at 12200.
Overview
Emini overnight range 1986.25 up to 2010.25 (at 9:00 am)
Overnight Midpoint 1998.25
Previous Week Close 1997.50
Emini S&P is now trading at the top part of its range with ...
Dow 30 Jun 20 to Jun 24 Outlook
Lawrence’s Comment
Snapped back up to Y-0 as predicted. Failed to hold above Y-0 and falled back down to Y-1. Effectively consolidated within Y-1 to Y-0 area. Closed above midpoint of the week.
Outlook
Potential bottom in place on daily.
Not much resistance directly above until B+2 at 12200.
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