Emini S&P Back Inside the Same Old Congestion Zone Aug 4, 2015
By Lawrence
Pre-Open Update: Non-Farm Payroll Week script in play. Monday found support at previous week midpoint. According to STOPD we know what to expect from here – clearing Monday high will likely give way to 2130s.
Last time I posted that 2056 matters and obviously the bulls did their part to defend the zone.
Lawrence's Comment
Recap
Complex swings in the beginning of the week where the bulls tried to defend the Y-0 / Y-1 zone to form a bottom. Took a FBO against Y-1 to ...
Lawrence's Comment
Recap
As explained last week, weekly up trend intact and that is good enough reason to send Dow back up to fill the open gap above. Gap fill led to ...
Emini S&P Back Inside the Same Old Congestion Zone Aug 4, 2015
Pre-Open Update: Non-Farm Payroll Week script in play. Monday found support at previous week midpoint. According to STOPD we know what to expect from here – clearing Monday high will likely give way to 2130s.
Last time I posted that 2056 matters and obviously the bulls did their part to defend the zone.
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