Mid-day Update: Posted on Tuesday what to expect for the rest of the week. Here is the updated 15-minute chart. Obviously, previous week midpoint (red zone) was tagged and breached on retest. Previous week low (PWL) and the big gap below is now in play.
FTW – What I posted this morning:
Trading can be easy if you learn to read the charts correctly.
Lawrence's Comment
Recap
Y-0 resistance sent ES lower. Attempt to hold above Y-1 failed and resulting in a gap down that sparked a flush to Y-2 downside target. Strong reversal from there ...
Emini S&P Downside Targets Jul 24, 2015
Mid-day Update: Posted on Tuesday what to expect for the rest of the week. Here is the updated 15-minute chart. Obviously, previous week midpoint (red zone) was tagged and breached on retest. Previous week low (PWL) and the big gap below is now in play.
FTW – What I posted this morning:
Trading can be easy if you learn to read the charts correctly.
Join us to get my real-time analysis.
Share