Trading Edges That Last
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Lawrence's Comment Recap Ninja popped higher with upside target tagged as expected. Resistance at Y+3 keeping the range in check. Closed the week near Y+2 and above midpoint. Outlook Strong resistance at ...READ MOREWeekly Cycle Projection (ES) 2021-02-22Precog Vision – US Indices 2011-11-2Precog Vision – US Indices 2017-6-1USDJPY May 16 to May 20 OutlookES Chart 2005-03-143DP Odds Table (SPY) 2021-11-17GBPUSD Dec 13 to Dec 17 OutlookES Chart 2005-04-19Intraday Cycle Projection (ES) 2013-04-02ES Chart 2008-06-27
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S&P 500 May 30 to Jun 03 Outlook
Lawrence’s Comment
Gapped down to Y-1 yet Y-1 did not act as resistance nor support. That told us higher timeframes (comparing to weekly) at work. NQ was the one that gave us the clean breakout signal to the upside. Tagged previous week close to fill the gap before going sideway to close the week.
Outlook
Y-1 to B-0 should now acts as support zone. The bull flag in ES on daily chart is now complete and any upside breakout of the flag points to a minimum of retesting year high.
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