Lawrence's Comment
Recap
Snapped back up to Y-0 as predicted. Failed to hold above Y-0 and falled back down to Y-1. Effectively consolidated within Y-1 to Y-0 area. Closed above midpoint ...
Lawrence's Comment
Recap
NQ wild swings between previous week close and Y+1. Broke out upside but failed to stay above. That opened the door back down to Y-0. NQ finally catch up ...
Emini S&P Potential Down Channel In The Making May 28, 2015
Midday update, continue from last update posted on May 22.
First, overview look.
Now, close up view.
Resistance clearly defined by the yellow block above and better support down at 2105-08 (green zone).
Potential False Breakout against the developing down channel (blue lines).
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