Lawrence Chan's  Instablog

Lawrence Chan
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I am a trader and researcher in financial technologies for well over 20 years. My research in market breadth analysis is incorporated into the trading platform NeoTicker from TickQuest Inc. I currently hold the position of chief software designer of NeoTicker at TickQuest. I have numerous... More
My company:
DaytradingBias.com
My blog:
The Lawrence Chan Blog
My book:
Forex Trading Open Secrets: Euro Dollar Winning Strategies Vol. 1
  • Expectations For May 3, 2012 1 comment
    May 3, 2012 8:38 AM | about stocks: SPY

    10 minutes before 8:30 am report - The mildly bearish structure on emini S&P is not broken.

    As long as 1402-1405 acting as resistance by RTH open, looking for a drop back down to at least midpoint yesterday.

    The rest of the downside targets for the day are previous day low around 90, then 85 and below 80.

    Stocks: SPY
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  • Lawrence Chan
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    Author’s reply » Got midpoint. From here the odds to go lower will be weaken.
    3 May 2012, 10:40 AM Reply Like
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