Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap ES tried to zoom higher but failed to hold above Y-0 as support. ES dropped to Y-1 eventually and bounced. V-reversal carried ES straight up to make new high ...READ MORELawrence's Comment Recap Sold off as expected with Dow. Got my target of Y-3. Almost down to 2% pullback / Y-4 too. Consolidated around Y-3 until NFP changed the game. Gap and ...READ MOREFor more information about this report please refer to the Market Bias Informant pageREAD MOREFor more information about this report please refer to the Market Bias Informant pageREAD MORES&P 500 Sep 05 to Sep 09 OutlookES Chart 2019-05-13S&P 500 Dec 09 to Dec 13 OutlookGBPUSD Apr 06 to Apr 10 OutlookReal-time Commentaries 2012-4-18Intraday Cycle Projection (ES) 2019-07-26Intraday Cycle Projection (ES) 2014-05-12Precog Vision – US Indices 2017-1-9Real-time Commentaries 2017-9-5Precog Vision – US Indices 2019-9-26
As Featured In
S&P 500 May 06 to May 10 Outlook
Lawrence’s Comment
Breached Y+1 early in the week and then consolidated above previous week close. NFP report lifted ES up to Y+2. Closed the week above midpoint and near week high.
Outlook
Strong breakout above year high. A retest of the former year high is in order. The question is whether the retest is done with a slow pullback or a quick flush back down below B-0. If B-1 is breached this week, we have a FBO on weekly that points to the end of this rally.
Share