Recap Gapped down to our target zone. Then took off and retested Y-0 area. By midweek sold off and broken down below our target zone to close the week.
Outlook A completed head and shoulder formation in place as long as Y-2 acts as resistance, the target is Y-5.
Overview
Emini overnight range 2081.00 up to 2104.75 (at 9:00 am)
Overnight Midpoint 2093.00
Previous Week Close 2093.75
Emini S&P is now trading at the bottom part of its range with ...
Dow 30 Sep 12 to Sep 16 Outlook
Lawrence’s Comment
Gapped down to our target zone. Then took off and retested Y-0 area. By midweek sold off and broken down below our target zone to close the week.
Outlook
A completed head and shoulder formation in place as long as Y-2 acts as resistance, the target is Y-5.
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