Outlook See comments on Dow. Somehow in crisis / panic mode, the Dow chart is providing the cleanest swings out of the 3 indices.
This week due to the S&P downgrade, potential Fed and G8 inventions will throw all markets into chaos. See this and the related articles as the situation develops over the weekend.
Lawrence's Comment
Recap
Followed the down channel play and gave us a easy week. Closed the week above Y-1 and below midpoint.
Outlook
Down channels do not last. As long as B-0 acting as ...
Lawrence's Comment
Recap
Perfect weekly bullish mean rejection. 100% absolute range expansion ended the move. Closed the week above Y+1 and midpoint.
Outlook
More upside is expected as long as B-0 is acting as ...
Lawrence's Comment
Recap
NQ bounced to above Y-0 and found resistance. Could not hold above Y-0 and gave us the expected drop to Y-1 for a test. Previous week close holding NQ ...
S&P 500 Aug 08 to Aug 12 Outlook
Lawrence’s Comment
ES dropped in sync with Dow and NQ.
Outlook
See comments on Dow. Somehow in crisis / panic mode, the Dow chart is providing the cleanest swings out of the 3 indices.
This week due to the S&P downgrade, potential Fed and G8 inventions will throw all markets into chaos. See this and the related articles as the situation develops over the weekend.
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