S&P 500 Mar 14 to Mar 18 Outlook

By News Robot

Lawrence’s Comment

Recap
ES bull flag on 30-min and hourly landed at Y-0 support. Strong squeeze on the shorts led to breakout of Y+1. Closed the week above Y+1 and near week high.

Outlook
3rd leg up points to B+2 / Y+2 zone. That’s also key daily / weekly resistance for multiple reasons. Potential completion of the bounce from year low.

Share

  • You must be logged in to comment. Log in