Recap Tight range consolidation all week even though US dollar has strengthen across the board last week. Good example of low participation translate into meaningless price movements on higher timeframes. Closed the week above Y+1 and near midpoint.
Overview
Emini overnight range 2147.00 to 2158.00 (at 9:00 am)
Overnight Midpoint 2152.50
Previous Week Mid 2150.25
Battleplan for the Day
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Overview
Emini overnight range 2084.00 to 2098.75 (at 9:05 am)
Overnight Midpoint 2091.50
Previous Day Midpoint 2097.00
Battleplan for the Day
(premium member only content below)
S&P 500 May 25 to May 29 Outlook
Lawrence’s Comment
Tight range consolidation all week even though US dollar has strengthen across the board last week. Good example of low participation translate into meaningless price movements on higher timeframes. Closed the week above Y+1 and near midpoint.
Outlook
See Dow comments for overall expectations. Premium members please read the newsletter special update.
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