S&P 500 May 15 to May 19 Outlook

Lawrence's Comment Recap Cable dropped to Y-0 and bounced. Breached Y+1 but failed to hold above. That sent cable down to Y-1 in 1 go. Bounced from Y-1 but no longer able ...

Lawrence's Comment Recap 50% previous week range consolidation. Happens often after an initiate reversal. Closed the week near midpoint. Outlook A run to B+1 will trigger a run to Y+1, B+2 and ...

Lawrence's Comment Recap Resistance zone worked out and forced a drop to Y-1 as expected. Closed the week below Y-1 and at week low. Outlook More downside expected. daily down trend established. ...