Trading Edges That Last
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Lawrence's Comment Recap Failed to push thru Y-0 early in the week and a landslide started. Y-2 failed to act as support and forced a flush below Y-3. Rally from ...READ MORELawrence's Comment Recap No run down to Y-2. Double bottom at Y-1 and the breakout at Y+1 gave us Y+3 target by STOPD. Almost tagging Y+3 by end of week. ...READ MOREES Chart 1999-05-213DP Odds Table (SPY) 2022-09-19Precog Vision – US Indices 2014-12-23Intraday Cycle Projection (ES) 2017-01-27Nasdaq 100 Jul 16 to Jul 20 OutlookReal-time Commentaries 2020-12-10GBPUSD Apr 23 to Apr 27 OutlookReal-time Commentaries 2024-7-9Hot n Cold (SPY) 2011-8-43DP Odds Table (SPY) 2012-10-01
As Featured In
S&P 500 Dec 01 to Dec 05 Outlook
Lawrence’s Comment
Consolidation around the top part of prior week is no surprise. Test of Y+1 early in the week did not result in sell off as there is no participant during the holiday week. 2nd test of week high led to stronger reaction. Closed the week above Y-0 and below midpoint.
Outlook
If volatility picks up as expected, this will be a down December with surprise selling to backfill the void zone below 2050.
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