Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap Consolidation with tight range around Y-1. Closed the weekbelow Y-1 and near week low. Outlook Waterfall effect points to potential drop down to Y-2 and Y-3 before support is ...READ MOREFor more information about this report please refer to the Market Bias Informant pageREAD MORE
As Featured In
S&P 500 Jun 20 to Jun 24 Outlook
Lawrence’s Comment
Bearish expectation worked out. 100% range expansion established. Closed the week near Y-2 and midpoint.
Outlook
Brexit breakout play off the wide range of B+1 and B-1. This means B+2 and B-2 are in play. Will be difficult for swing players to position themselves properly due to spike in volatility expected. Sit back and relax is probably the best strategy for the week.
Share