Recap ES holding up around Y+1 first half of the week. Since then breakout of the tight range to the upside. Y+2 tagged and produced a pause. Closed the week near Y+3 and week high.
Lawrence's Comment
Recap
3 pushes up and a slide back down to 3 pushes up downside target. Holiday trading with very light volume throughout the week. Closed the week below ...
Lawrence's Comment
Recap
Test of Y+1 was expected but we did not get any confirmed rejection at all. Breakout above Y+1 gave us the normal breakout target of Y+3. NQ tried to ...
S&P 500 Oct 26 to Oct 30 Outlook
Lawrence’s Comment
ES holding up around Y+1 first half of the week. Since then breakout of the tight range to the upside. Y+2 tagged and produced a pause. Closed the week near Y+3 and week high.
Outlook
B+1 resistance will give us Y+2 / B-0.
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