Mid day upate: Emini S&P gapped above channel mid and forced a run back up to down channel top. How ES behaves at this price level will determine if we are going to get further sell off or break out of the down trend completely.
Lawrence's Comment
Recap
The rising wedge broke out to the upside and turned into an up channel. The upside breakout gave us Y+2 quickly. After fed announcement, Dow made a ...
Lawrence's Comment
Recap
Dow in consolidation mode until trouble in Asia spreaded. Sell shock produced a 100% expansion off the tight range and Y-2 was tagged. Closed the week near Y-2 and ...
Emini S&P Back to Channel Top Jun 10, 2015
Mid day upate: Emini S&P gapped above channel mid and forced a run back up to down channel top. How ES behaves at this price level will determine if we are going to get further sell off or break out of the down trend completely.
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