S&P 500 Apr 08 to Apr 12 Outlook

By News Robot

Lawrence’s Comment

Recap
ES sold off as expected from slightly higher high above Y+1. What was not expected was that Y-2 was not tagged. Closed the week below midpoint and Y-0

Outlook
Outside down week. Closed within previous week range though. So not as bearish as NQ. Ran back up to near B-0 due to clear PPT activities.

As long as B-0 / gap fill acts as resistance, more downside is expected.

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