Lawrence’s Comment
Recap Y-0 support started a squeeze as expected. Y+1 and Y+2 targets tagged easily. Closed the week above Y+2 and near week high.
Outlook
Consolidation play until NFP Friday. Shorten trading week and start of summer season points to reduced liquidity with more erratic moves.
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S&P 500 May 30 to Jun 03 Outlook
Lawrence’s Comment
Y-0 support started a squeeze as expected. Y+1 and Y+2 targets tagged easily. Closed the week above Y+2 and near week high.
Outlook
Consolidation play until NFP Friday. Shorten trading week and start of summer season points to reduced liquidity with more erratic moves.
Share