S&P 500 Aug 15 to Aug 19 Outlook

By News Robot

Lawrence’s Comment

Recap
More upside as projected. Sideway actions around Y+1 is normal after wide range reversal week. Closed the week above Y+1 and midpoint.

Outlook
As long as Y+1 / B-0 zone acting as support, another push higher is likely. Breaking of B-1 points to quick selloff down to B-2 and then B-3.

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