Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap Instead of testing Y-1 first, ninja opted for test of Y-0 zone resistance first. That forced a drop in ninja back down to Y-1 later in the week. Closed ...READ MOREContentReviewEuro In A Waiting GameS&P Did Not DisappointGold Is Lagging BehindBitcoin Has More Room To Go10-Year Note Yield Suggests Yield Curve Control Is HereBig Picture SummaryReviewEuro struggling at its down ...READ MORE
As Featured In
S&P 500 Jun 18 to Jun 22 Outlook
Lawrence’s Comment
Gap up then stalled back below previous week close. That staged a flush to Y-0. Yet Y-0 was not tagged like NQ. And multiple pushes against previous week close since. Finally news shock gave ES a reason to zoom higher. Closed the week at week high.
Outlook
B-0 is now very strong support. If Sunday / Monday news shock from Europe failed to take ES below B-0, then B+2 should not be a problem.
Share