Trading Edges That Last
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Lawrence's Comment Recap Reached downside target first thing in the week. Then rallied to challenge the resistance at B+1. Both downside and upside target prices are tagged. Closed the week at ...READ MOREESNQAH High4645.5015996.25AH Mid4641.7515984.75AH Low4638.0015973.25READ MORE3DP Odds Table (ES) 2014-01-02US Market Pre-Open 2022-6-3Intraday Cycle Projection (SPY) 2020-06-08Real-time Commentaries 2024-5-1Precog Vision – US Indices 2018-5-143DP Odds Table (SPY) 2013-04-26Hot n Cold (SPY) 2019-10-11USDCAD Jan 09 to Jan 13 OutlookIntraday Cycle Projection (ES) 2015-03-02US Market Pre-Open 2021-11-11
As Featured In
S&P 500 Jun 01 to Jun 05 Outlook
Lawrence’s Comment
Bearish expectation worked out well. Y-3 downside target tagged easily. Open gap filled below. Rumors spreaded right after to force the market higher. Open gap above got taken care of too. ES stalled from the resistance since. Closed the week below Y-2 and midpoint.
Outlook
A longer term down trend is in the making. As long as ES cannot clear B-0 it can be the start of something more bearish. NFP week can lead to extreme moves by Thursday and Friday.
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