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Lawrence's Comment Recap Zoomed higher in early part of the week due to rumors. Once Y+1 area failed to hold this market up, it slided back down to the strong ...READ MOREFor more information about this report please refer to the Market Bias Informant pageREAD MOREESNQAH High3978.5011784.00AH Mid3973.8811769.25AH Low3969.2511754.50READ MOREPrecog Vision – US Indices 2013-8-29Precog Vision – US Indices 2011-8-3Dow 30 Jun 25 to Jun 29 Outlook3DP Odds Table (SPY) 2022-12-29Precog Vision – US Indices 2016-2-9Weekly Cycle Projection (SPY) 2021-11-22ES Chart 2014-09-17ES Chart 2010-11-18US Market Pre-Open 2022-11-15Real-time Commentaries 2013-9-12
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S&P 500 Feb 27 to Mar 02 Outlook
Lawrence’s Comment
I was looking for a pullback to B-0 early in the week. That worked out as expected. Then a bounce back up to at least a retest of B+1. That worked out too. Closed the week about Y+1.
Outlook
Not much more upside from here as monthly resistance zone is right here in this area.
Need to see if ES can breakthru the zone before looking into possible melt up scenario.
For now, waiting for signs of ES forming sell setup on daily.
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