ContentReviewEuro Too Weak to Find a BottomS&P Correction ContinuesGold Taking a PauseBig Picture SummaryReviewEuro continue to print lower lows as expected.S&P break of 2940 gave us the drop expected. Target ...
Lawrence's Comment
Recap
Previous week close support helped NQ pushing higher. 100% absolute range expansion completed. Closed the week above Y+2 and midpoint.
Outlook
NQ has been climbing higher with weakening breadth ...
S&P 500 Aug 15 to Aug 19 Outlook
Lawrence’s Comment
Looks almost exactly like Dow. See Dow comments for recap.
Outlook
Bullish scenario – if Y-1 acts as support, we get B+2.
Bearish scenario – measured move target from week low reached at B+1, a selloff to below B-0 is more likely than the bullish case.
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