Recap ES dropped ti Y-0, found support, zoomed back up to test the pre-break down level and failed to clear Y+1. This gave us a go for Y-1. Got Y-1 quickly and trying to hold the zone since. Closed the week below Y-0 and midpoint.
Outlook Strong resistance at Y-0 / B-0 zone. Failing to clear B-0 and sitting above it as support will lead to retest of B-1 and further pullback to B-2.
Lawrence's Comment
Recap
Staying away from this pair has been the correct decision for some time now. And it has been the correct decision for the past week as well. The ...
Lawrence's Comment
Recap
Y-0 resistance gave us a drop below Y-1. Down channel bottom acted as support again allowing Aussie drift back up. 2nd test of Y-0 resistance did not clear it ...
Overview
Emini overnight range 2031.00 up to 2044.25 (at 9:00 am)
Overnight Midpoint 2037.50
Previous Day Mid 2038.00
Emini S&P is now trading at the bottom part of its range with ...
Lawrence's Comment
Recap
NQ gapped higher to start the week. Clearing the resistance right off the start gave it a bullish bias to push higher. Lack of volume reduced the volatility. Closed ...
S&P 500 Jan 19 to Jan 23 Outlook
Lawrence’s Comment
ES dropped ti Y-0, found support, zoomed back up to test the pre-break down level and failed to clear Y+1. This gave us a go for Y-1. Got Y-1 quickly and trying to hold the zone since. Closed the week below Y-0 and midpoint.
Outlook
Strong resistance at Y-0 / B-0 zone. Failing to clear B-0 and sitting above it as support will lead to retest of B-1 and further pullback to B-2.
Share