Emini S&P Going Back Down To Former Parking Zone Jun 15, 2015
By Lawrence
Mid day update: From a multiple month perspective, Emini S&P is now back down to its favourite spot over past few months.
A closer look tells us Emini S&P has a choice here. It can choose to go back up to channel mid / previous week midpoint swiftly to wait for FOMC Wednesday.
Lawrence's Comment
Recap
1450 acted as resistance in the beginning of the week and forced a drop back down. Then the sudden reversal back up to Monday high area caught ...
Emini S&P Going Back Down To Former Parking Zone Jun 15, 2015
Mid day update: From a multiple month perspective, Emini S&P is now back down to its favourite spot over past few months.
A closer look tells us Emini S&P has a choice here. It can choose to go back up to channel mid / previous week midpoint swiftly to wait for FOMC Wednesday.
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