S&P 500 Apr 22 to Apr 26 Outlook

By News Robot

Lawrence’s Comment

Recap
First significant selloff this year. Took multiple try to flush ES yet it only dropped out 100% absolute range expansion and price already bounces back at once. Closed the week below midpoint and above Y-1.

Outlook
If B-0 acting as resistance, we should get at least one flush back down to B-1. Unlike Dow, NQ and ES both are well below March high so they are exposed to the structural targets below. e.g. March low, 1st quarter mid, etc.

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