Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap Just like Dow, consolidation within the top half of the expected range. End of week pullback completed the gap fill below and bounced from there. Closed the week ...READ MORELawrence's Comment Recap Rally continued until Y+2 is tagged. News shock from Euro zone induced a sharp selloff back down to above 1.00, slightly higher than Y-0. Closed the week ...READ MORELawrence's Comment Recap Cable held the breakout level nicely and rallied to retest Y+1 as expected. Once Y+1 was tagged cable went into consolidation. Closed the week at Y+1 and above midpoint. Outlook Potential ...READ MORE3DP Odds Table (SPY) 2012-06-223DP Odds Table (ES) 2018-04-13Real-time Commentaries 2024-11-4Nasdaq 100 Jul 11 to Jul 15 Outlook3DP Odds Table (ES) 2017-06-23Intraday Cycle Projection (ES) 2019-08-21AUDUSD Jun 25 to Jun 29 OutlookES Chart 2013-03-08Hot n Cold (SPY) 2011-5-25GBPUSD Jun 17 to Jun 21 Outlook
As Featured In
S&P 500 Jan 05 to Jan 09 Outlook
Lawrence’s Comment
ES failed to clear Y+1 in the beginning of the week and started its pullback. The normal Y-1 and Y-2 target were tagged. Then news shock from Europe sent everyone into a spin. ES break down to 2x range target and found support. Closed the week below Y-2 and midpoint.
Outlook
As long as B-1 holds, a retest of B-0 and Y-1 is in play.
Share