Trading Edges That Last
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Lawrence's Comment Recap Started the week by tagging the upside target mentioned last week. Not even a chance to join the ride. Then FBO triggered against Y+1 and gave us Y-1 minimum ...READ MOREFor more information about this report please refer to the Market Bias Informant pageREAD MOREESNQAH High4364.2514809.75AH Mid4358.3814783.00AH Low4352.5014756.25READ MOREFor more information about this report please refer to the Market Bias Informant pageREAD MORE3DP Odds Table (SPY) 2015-07-07USDJPY Mar 04 to Mar 08 OutlookPrecog Vision – US Indices 2012-10-30US Market Pre-Open 2021-10-14Precog Vision – US Indices 2015-7-23Weekly Cycle Projection (SPY) 2022-08-22Intraday Cycle Projection (SPY) 2012-10-15S&P 500 Dec 31 to Jan 04 OutlookIntraday Cycle Projection (SPY) 2019-03-273DP Odds Table (SPY) 2013-09-11
As Featured In
S&P 500 Aug 17 to Aug 21 Outlook
Lawrence’s Comment
News shock forced ES to open above Y-0 and started a squeeze back up to pre-breakdown crime scene. Then news shock from China took over the tap with ES opening below Y-0 and flushed back down to fill the weekly gap below. 2nd day China devaluation actions took ES below Y-1 with a flush. Flush low in place forcing Es straight back up to Y-0. Closed the week near Y-0 and above midpoint.
Outlook
Flush low reversal have enough momentum to take ES back up to fill the open gap above. But it could be all it can do due to end of summer low volume condition. Consolidation week likely with reduced range.
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