Trading Edges That Last
- You May Also LikeFor more information about this report please refer to the Market Bias Informant pageREAD MOREReal-time Commentaries 2017-3-7Intraday Cycle Projection (SPY) 2019-11-06Real-time Commentaries 2022-1-4ES Chart 2019-01-25AUDUSD Mar 13 to Mar 17 OutlookIntraday Cycle Projection (SPY) 2017-09-19Weekly Cycle Projection (SPY) 2018-12-10Precog Vision – US Indices 2022-9-223DP Odds Table (SPY) 2015-11-093DP Odds Table (SPY) 2013-09-19
As Featured In
S&P 500 Feb 14 to Feb 18 Outlook
Lawrence’s Comment
1320 upside target tagged first thing in the week. Struggling at 1320, eventually fall back down to Y+1. The test confirmed its strength and that put Y+2 in play and all news shock could do was delaying the inevitable to happen on Friday with even more explosive strength as shorts are trapped. Closed at Y+2.
Outlook
Option expiration likes to tag round numbers for ES and SPX. And then swinging 10+ pts around these numbers. A quick zoom to B+2 (1340) is not out of the question and selloff to B-2 at 1300 is also in the card. Pay close attention to the round number levels (1300, 1310, 1320, 1330, 1340) to participate in the swings.
Share