S&P 500 Jul 18 to Jul 22 Outlook

By News Robot

Lawrence’s Comment

Recap
Y+1 support in the beginning of the week started a stop hunt to the up side. Y+2 tagged and ES went sideway since. Closed the week near Y+2 and above midpoint.

Outlook
Tight range week can easily produce a whiplash move if B+1 /B+2 zone is proven strong resistance. If so downside target Y-0 / B-2 in play.

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