Recap As expected, a rally above Y-0 led to tagging of Y+1. That, however, failed to hold above Y-0 as support for any further upside. Closed the week below midpoint and Y-0.
Outlook Retest of B-1 is likely. No strong directional bias at this point.
Lawrence's Comment
Recap
Bounced off strong support Y-1 as expected in the beginning of the week. However the euro zone news shock took ES below Y-1 and opened up the ...
Nasdaq 100 Jun 27 to Jul 01 Outlook
Lawrence’s Comment
As expected, a rally above Y-0 led to tagging of Y+1. That, however, failed to hold above Y-0 as support for any further upside. Closed the week below midpoint and Y-0.
Outlook
Retest of B-1 is likely. No strong directional bias at this point.
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