Recap Pullback to Y-0 support and took off. Upside target Y+2 not tagged yet. Closed the week above Y+1 and near week high.
Outlook Y+2 still in play. FBO against B+1 points to pullback down to B-0. Until B-0 turning into resistance we cannot tell if the up swing on daily basis is over.
Review of Forecast for Oct 5, 2015
Gap and go week ruled out the potential of sharp pullback until next major resistance. Calmer market condition expectation was totally correct as VIX ...
Lawrence's Comment
Recap
17000 round number / Y-2 zone proven deadly for the bears. Y-0 normal reversal target tagged quickly and caught many shorts by surprise. Open gap fill above sent Dow ...
S&P 500 Mar 21 to Mar 25 Outlook
Lawrence’s Comment
Pullback to Y-0 support and took off. Upside target Y+2 not tagged yet. Closed the week above Y+1 and near week high.
Outlook
Y+2 still in play. FBO against B+1 points to pullback down to B-0. Until B-0 turning into resistance we cannot tell if the up swing on daily basis is over.
Share