Lawrence's Comment
Recap
Y-0 did not act as resistance giving way to a test of Y+1. 100% absolute range expansion completed right before FOMC announcement. Strong reaction after and sent ES back ...
Lawrence's Comment
Recap
Y-1 breached on 2nd try sending euro down to Y-2. Closed the week below Y-2.
Outlook
Weaknesses continue. As long as B-0 acts as resistance, more downside is expected.
S&P 500 Nov 07 to Nov 11 Outlook
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