Emini S&P Back Up To Channel Top Again Jun 17, 2015
By Lawrence
End of day update: The channel play just won’t quit.
As noted before that Emini S&P is likely to pop back up, we got that this morning and right after FOMC announcement, the move back to the channel top was completed.
Lawrence's Comment
Recap
Less likely scenario occurred in beginning of the week. Downside target Y-2 tagged. Bounced right off target. Y-1 failed to hold it down. By end of the ...
Lawrence's Comment
Recap
Y+1 did nothing at all in stopping Dow from going higher. The next higher resistance at around 13050 was blasted thru after shorts was trapped by the bearish ...
Emini S&P Back Up To Channel Top Again Jun 17, 2015
End of day update: The channel play just won’t quit.
As noted before that Emini S&P is likely to pop back up, we got that this morning and right after FOMC announcement, the move back to the channel top was completed.
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