Recap Bullish expectation worked out with gaps above all taken care of. Op ex pinned Dow below 18000 round number at Y-0 maximizing the damage to both calls and puts buyers. Closed the week above Y-0 and midpoint.
Outlook Y-0 / B-0 strong support until proven otherwise. 3 weeks in a row with expanded range, yet all locked back in the same zone. Major indecision phase with more volatility both ways.
Lawrence's Comment
Recap
FBO Monday against Y+1 set the stage for a drop back down to Y-0. The rest of the week just played out the script. Y-0 tagged eventually and ES ...
Lawrence's Comment
Recap
Consolidated around previous week close. Took out Y+1 as expected from the slight upside bias. Closed the week below midpoint and above Y-0.
Outlook
Y-0 next tell tale zone. Rejection of ...
Dow 30 Jun 22 to Jun 26 Outlook
Lawrence’s Comment
Bullish expectation worked out with gaps above all taken care of. Op ex pinned Dow below 18000 round number at Y-0 maximizing the damage to both calls and puts buyers. Closed the week above Y-0 and midpoint.
Outlook
Y-0 / B-0 strong support until proven otherwise. 3 weeks in a row with expanded range, yet all locked back in the same zone. Major indecision phase with more volatility both ways.
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