S&P 500 Jan 09 to Jan 13 Outlook

By News Robot

Lawrence’s Comment

Recap
The rare scenario unfolded. Gapped to Y+2 indeed. And stuck there since.

Outlook
Breakout mode.

Breaking below previous week low points to gap fill target at previous year close.

Breaking above B+1 and quickly snap back down points to same minimum downside target.

Only if ES can consolidate above B-0 or that intervention on euro will force it going higher.

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