Lawrence's Comment
Recap
Looks almost exactly like Dow. See Dow comments for recap.
Outlook
Bullish scenario - if Y-1 acts as support, we get B+2.
Bearish scenario - measured move target from week low ...
Since last update, S&P has experienced its most volatile month ever. However the custom market breadth indices never improved and keep getting worse.
As of last Thursday the target zone ...
Emini S&P Still Fighting In The Same Congestion Zone Jun 3, 2015
Mid day update: The down channel is now flatten a bit while the up channel also flatten due to the test of previous week low yesterday.
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