S&P 500 Sep 24 to Sep 28 Outlook

By News Robot

Lawrence’s Comment

Recap
Monday and Tuesday consolidated as expected. Then we got the selloff midweek in afterhours between Wednesday and Thursday. Since then ES rally all the way back up to print a slightly higher high on Friday before pulling back down again. Closed the week at midpoint and above Y-0.

Outlook
Inside week.

B-2 and B-3 is likely if ES cannot stay above B-0.

As long as B-1 not breached when B+1 is taken out, looking for B+2.

In another words, breakout play again.

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