Trading Edges That Last
- You May Also Like
Overview Emini overnight range 2106.50 up to 2116.25 (at 9:00 am) Overnight Midpoint 2111.50 Previous Day Close 2108.00 Emini S&P is now trading at the bottom part of its range with ...READ MOREFor more information about this report please refer to the Market Bias Informant pageREAD MOREJan 17, 2016 Special Update on S&P and Euro My predictions made at the end of year 2015 on the stock market has now materialized. Further ...READ MOREESNQAH High2983.507852.50AH Mid2981.887846.75AH Low2980.257841.00READ MOREUSDJPY Jan 25 to Jan 29 OutlookIntraday Cycle Projection (ES) 2021-10-12USDJPY Feb 21 to Feb 25 OutlookUSDCAD Jan 23 to Jan 27 OutlookReal-time Commentaries 2016-2-15Emini S&P Battleplan Jun 7, 2016Real-time Commentaries 2012-7-25Precog Vision – US Indices 2012-3-2MBO Issue 49 (Jan 2016) Special Update 2US Market Pre-Open 2019-7-10
As Featured In
S&P 500 Oct 06 to Oct 10 Outlook
Lawrence’s Comment
Gapped down to Y-1 yet found an excuse to move back up to Y-0. Failed to clear Y-0 and fell straight down to Y-3. The reversal was as impressive as the drop – straight back up to Y-1. Closed the week near Y-1 and above midpoint.
Outlook
Range expansion with close near Y-1 is not bullish. So it is not a sign of bullish reversal. It will take ES to hold Y-2 and then clearing the week close to break the down trend.
Share