Lawrence's Comment
Recap
News shock interrupted the parabolic up swing in ES. The strength in the index, however, forced another rally from Y-1 back up to above Y-0 before it stalled. ...
Lawrence's Comment
Recap
As mentioned last week, double whiplash with breakout to the downside. Tagged downside target of Y-3. Closed the week near week low and above Y-3.
Outlook
Just got ...
S&P 500 Aug 15 to Aug 19 Outlook
Lawrence’s Comment
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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