Review of Forecast for Jan 25, 2016
Continuation to the upside as expected. Pushed higher to the end of the week as projected. Upside limited to 1.5% to 2% as forecasted. ...
Lawrence's Comment
Recap
Resistance zone mentioned last week sent cable to new low against Y-1. 3 Pushes Down enabled cable to stage a come back to Y-0 crime scene. Stop hunt since ...
Lawrence's Comment
Recap
As expected the rally continues. Y-0 acted as support and forced a strong breakout to Y+3. Closed the week near week high.
Outlook
Short term bottom in place. Long ...
S&P 500 Jul 25 to Jul 29 Outlook
Lawrence’s Comment
ES pushed into Y+1 and Y+2 zone as expected. So far no sign of reversal though. Closed the week near Y+2 and above midpoint.
Outlook
Test of B+1 will tell us if this leg up is over. Downside target B-1 and below.
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