Trading Edges That Last
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Overview Emini overnight range 2076.00 up to 2102.00 (at 9:15 am) Overnight Midpoint 2089.00 Previous Week Mid 2065.00 Emini S&P is now trading at the top part of its range with ...READ MOREFor more information about this report please refer to the Market Bias Informant pageREAD MOREFor more information about this report please refer to the Market Bias Informant pageREAD MORELawrence's Comment Recap Opened the week below previous week low (Y-1) and spring back up. Gap up next to clear the previous week midpoint pointed to test of previous week ...READ MOREReal-time Commentaries 2011-11-2ES Chart 2009-10-15Weekly Cycle Projection (ES) 2019-04-08Emini S&P Battleplan Jun 23, 2016Hot n Cold (SPY) 2012-11-16Precog Vision – US Indices 2022-9-30Precog Vision – US Indices 2015-3-6Real-time Commentaries 2011-5-2Nasdaq 100 Feb 07 to Feb 11 OutlookReal-time Commentaries 2020-7-28
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S&P 500 Apr 01 to Apr 05 Outlook
Lawrence’s Comment
A mess produced from a mess. ES simply followed Dow and NQ the whole week. Gaps up and down through the week due to news shock from Europe. As there is no news feeding from Cyprus and the people of Cyprus are robbed by their own government with withdrawal control, the financial markets are happy that there is no bank run thus sending ES higher. Closed the week above Y+1 and near week high.
Outlook
Rising wedge. Light volume push to all time high closing by Thursday while Friday was a holiday. Should ES failed to hold above B-0, we can expect an all out selloff back down to B-2.
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