Recap Consolidation actions after wide range expansion was normal. ECB decisions sparked wild swings both ways. Y-0 support gave us a run for Y+2 but not enough time to get there. Closed the week above Y+1 and near week high.
Outlook Y+2 still in play. FBO against B+1 points to quick drop back down to Y+1 / B-0 and deeper fall back down to B-2 and below.
Overview
Emini overnight range 2119.00 to 2129.75 (at 9:15 am)
Overnight Midpoint 2124.50
Previous Week Close 2120.50
Battleplan for the Day
(premium member only content below)
Dow 30 Mar 14 to Mar 18 Outlook
Lawrence’s Comment
Consolidation actions after wide range expansion was normal. ECB decisions sparked wild swings both ways. Y-0 support gave us a run for Y+2 but not enough time to get there. Closed the week above Y+1 and near week high.
Outlook
Y+2 still in play. FBO against B+1 points to quick drop back down to Y+1 / B-0 and deeper fall back down to B-2 and below.
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