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Lawrence's Comment Recap Y+1 (i.e. 15000) acted as resistance as expected and sent Dow back down yet it failed to test Y-0. This is bullish. 2nd attempt at Y+1 breached the resistance ...READ MORELawrence's Comment Recap Test of Y+1 led to clean drop to below Y-0 triggering Y-1 target. Y-0 acted as resistance since giving us Y-1 quickly and Y-2 eventually. Closed the week below ...READ MOREESNQAH High3013.757929.50AH Mid3010.007917.88AH Low3006.257906.25READ MORE
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S&P 500 Jun 13 to Jun 17 Outlook
Lawrence’s Comment
Bullish setup wroked out with Y+2 tagged. Since then weaknesses kicked in and dropped to Y-1. Closed the week near Y-1 and week low.
Outlook
Outside reversal week is bearish if we get a confirmation this week. Resistance above Y+1 / B-0 with huge daily pocket below down to Y-3 / B-2 in play.
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