Trading Edges That Last
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Lawrence's Comment Recap Was looking for a drop but not as steep as what happened. Weak right from the beginning of the week failed to hold Y-0 points to a ...READ MOREFor more information about this report please refer to the Market Bias Informant pageREAD MOREPrecog Vision – US Indices 2023-5-17Hot n Cold (ES) 2017-9-1ES Chart 2008-06-243DP Odds Table (SPY) 2020-04-14AUDUSD Dec 24 to Dec 28 OutlookIntraday Cycle Projection (ES) 2016-01-25Precog Vision – US Indices 2021-12-3Hot n Cold (SPY) 2014-4-173DP Odds Table (ES) 2020-09-153DP Odds Table (SPY) 2015-12-28
As Featured In
S&P 500 Mar 14 to Mar 18 Outlook
Lawrence’s Comment
ES bull flag on 30-min and hourly landed at Y-0 support. Strong squeeze on the shorts led to breakout of Y+1. Closed the week above Y+1 and near week high.
Outlook
3rd leg up points to B+2 / Y+2 zone. That’s also key daily / weekly resistance for multiple reasons. Potential completion of the bounce from year low.
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