Trading Edges That Last
- You May Also LikeESNQAH High2786.007007.50AH Mid2784.387002.88AH Low2782.756998.25READ MORE
Lawrence's Comment Recap Lifted higher to resistance before the test of Y-1, giving it enough fuel to break below Y-1 for 100% absolute range expansion before stopping. Closed the week at ...READ MOREReview of Forecast for May 25, 2015 The expectation of a modest decline was correct. 1.5% decline was registered but did not drop further thanks to rumors were spread about Greece ...READ MORELawrence's Comment Recap No time wasted on further compression. The pair simply break the lower boundary in 1 go. Not quite make it to Y-3. First bounce failed to push back up ...READ MOREContent Review Euro Waiting for a Decision S&P Bull Run Hanging on a Thread Gold Monthly Bottom ...READ MOREESNQAH High2586.006347.75AH Mid2584.636344.25AH Low2583.256340.75READ MOREUS Market Pre-Open 2018-2-27ES Chart 2009-12-08GBPUSD Sep 05 to Sep 09 Outlook3DP Odds Table (SPY) 2016-04-26S&P500 Short Term Market Breadth Analog Forecast StartingHot n Cold (SPY) 2014-6-273DP Odds Table (ES) 2021-11-29USDCAD May 06 to May 10 OutlookMBO Issue 82 (Oct 2018) Countdown to USUS Market Pre-Open 2017-11-17
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S&P 500 Mar 28 to Apr 01 Outlook
Lawrence’s Comment
Unlike NQ, ES ended last week without filling the gap above completely. ES was the weaker one. The rally was a controlled one because by the end of the week, B-0 turned out to be right above the range of first half of the week.
Outlook
As long as B-0 acts as support, the daily level down trend is now completely broken. It is not necessary for the market to rally quickly to the upside from this point onward. It can simply drift up or going sideway for several weeks.
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