2 Hours Before Close Update: If previous week midpoint (yellow zone) is defended, 3 pushes up intention points to 2030. Whether the bulls can force this to happen is a different story though.
For the record: AL is afterhour low at 1914. Emini S&P was trading above 1930 at the time I commented.
Lawrence's Comment
Recap
ES broken out of the thin up channel but it did not result in a pullback. The week turned into consolidation. Closed the week above Y+1 and midpoint.
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Lawrence's Comment
Recap
Similar to Dow, NQ found support at Y-0 and started another leg higher until Y+2 was tagged. Following the exact same pattern as Dow, NQ pullback to Y+1 to ...
Emini S&P Bullish Intentions Sep 1, 2015
2 Hours Before Close Update: If previous week midpoint (yellow zone) is defended, 3 pushes up intention points to 2030. Whether the bulls can force this to happen is a different story though.
For the record: AL is afterhour low at 1914. Emini S&P was trading above 1930 at the time I commented.
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