Lawrence’s Comment
Recap Consolidated around Y+1. Less than 50% range of week prior to last. Closed the week below Y+1 and midpoint.
Outlook
ES is weaker than NQ. It is structurally much weaker in comparison.
As long as B-0 acts as resistance, ES should go back down to B-2.
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S&P 500 Feb 13 to Feb 17 Outlook
Lawrence’s Comment
Consolidated around Y+1. Less than 50% range of week prior to last. Closed the week below Y+1 and midpoint.
Outlook
ES is weaker than NQ. It is structurally much weaker in comparison.
As long as B-0 acts as resistance, ES should go back down to B-2.
Share