Lawrence’s Comment
Recap More upside as projected. Sideway actions around Y+1 is normal after wide range reversal week. Closed the week above Y+1 and midpoint.
Outlook
As long as Y+1 / B-0 zone acting as support, another push higher is likely. Breaking of B-1 points to quick selloff down to B-2 and then B-3.
Share
S&P 500 Aug 15 to Aug 19 Outlook
Lawrence’s Comment
More upside as projected. Sideway actions around Y+1 is normal after wide range reversal week. Closed the week above Y+1 and midpoint.
Outlook
As long as Y+1 / B-0 zone acting as support, another push higher is likely. Breaking of B-1 points to quick selloff down to B-2 and then B-3.
Share