Trading Edges That Last
- You May Also LikeESNQAH High1684.503054.25AH Mid1678.133040.88AH Low1671.753027.50READ MORE
Lawrence's Comment Recap Y-1 support sending Dow back up to Y-0 and cleared it as if it was not there. That gave us Y+1 target and we got that in ...READ MOREFor more information about this report please refer to the Market Bias Informant pageREAD MORELawrence's Comment Recap Moved higher as expected and then it turned into full power rally. When cable cleared Y+3, a short squeeze / stop run was induced. Closed the week above Y+3 ...READ MOREFor more information about this report please refer to the Market Bias Informant pageREAD MORE
As Featured In
S&P 500 Sep 03 to Sep 07 Outlook
Lawrence’s Comment
Y-1 retested and defended. For more details read the comments on Dow. Closed the week near midpoint.
Outlook
Almost inside week. Y-1 defended means B+1 will be challenged.
Critical time. B+1 acting as resistance will stage ES like NQ into the spike and ledge formation.
A break out of the B-1 to B+1 range is necessary to give us the swing direction. For now, taking it one day at a time.
Share