Trading Edges That Last
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Lawrence's Comment Recap Held Y-1 in beginning of the week led to a bounce towards Y-0. Failed to reach Y-0 and retested Y-1 as expected. Consolidated around Y-1 since. Closed the week ...READ MOREESNQAH High2659.006793.75AH Mid2652.886772.88AH Low2646.756752.00READ MOREIntraday Cycle Projection (ES) 2023-01-163DP Odds Table (SPY) 2014-07-23AUDUSD Feb 04 to Feb 08 OutlookReal-time Commentaries 2017-9-29Real-time Commentaries 2013-10-313DP Odds Table (ES) 2022-06-203DP Odds Table (SPY) 2021-02-22US Market Pre-Open 2018-12-13Real-time Commentaries 2017-3-24ES Chart 2018-10-26
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S&P 500 Mar 07 to Mar 11 Outlook
Lawrence’s Comment
All week updrift from near Y-0 fitted the NFP play perfectly. Y+2 target tagged without any real resistance. Clsoed the week near Y+2 and above midpoint.
Outlook
Parabolic run usually marks the short term top. It is especially reliable when the trend was in place for prolonged duration. A drop back down to Y+1 and below is in order if we get FBO B+1 or that ES simply cannot clear B+1.
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