Recap ES flushed down to Y-2 instead of holding above, that set the stage for strong resistance at Y-1 and more downside. 100% absolute range expansion stopped the drop. Closed the week above Y-2 and below midpoint.
Outlook A temporary low could be in place for a consolidation week. Gaps everywhere means wild price swings is expected to continue.
Lawrence's Comment
Recap
Aussie was the easy play last week. As Y-0 was breached, the down channel was broken giving us upside target of Y+1 and above. Aussie zoomed back up to ...
Lawrence's Comment
Recap
Y-0 acted as support as expected and ES took off to tag Y+2 upside target. So precise that it feels like it is executed from a script. ...
Lawrence's Comment
Recap
Broken the 2100 support and zoomed down to Y-2 zone. Bounced off quickly back upto Y-0 area and closed the week below Y-0.
Outlook
Rally off unconfirmed rumors and news ...
S&P 500 Mar 16 to Mar 20 Outlook
Lawrence’s Comment
ES flushed down to Y-2 instead of holding above, that set the stage for strong resistance at Y-1 and more downside. 100% absolute range expansion stopped the drop. Closed the week above Y-2 and below midpoint.
Outlook
A temporary low could be in place for a consolidation week. Gaps everywhere means wild price swings is expected to continue.
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