Trading Edges That Last
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Lawrence's Comment Recap Gapped higher near Y+1 to start the week. After failing to clear Y+1 gave us a drop back down to Y-0 and filled the open gap in 1 go. ...READ MORELawrence's Comment Recap No rally in the beginning of the week sealed the downside move to Y-3. What I did not expect was that bounce actions were so weak on ...READ MORE
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S&P500 Challenging the Triangle Resistance Again May 14, 2015
A simple overview of what is happening so far mid day.
Zooming into this week it is clear what the bulls want.
Will the tagging of the resistance line or Monday high (i.e. the yellow zone) trigger massive stop run?
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