13 hours ago, Jimi said:
Lee, this remains the best damned site on the internet for people like us.
All 5 of us.
Baahhh dump dump.
Meanwhile the 5 day cycle projection on the S&P fucutures at 5:30 AM in NY was 4125-30.
Using the 4 hour bars, I can show you that as I write, they have bounced from trend support dating from March 4.
If this breaks, it would be significant for the longer cycles that I don’t cover here, but cover in Technical Trader. This may be one of the rare occasions where I may need to post a midweek bulletin. Click to get that service risk free for 90 days.
If you are a new visitor, please register and join in! To post your observations and charts, and snide, but good-natured, comments, click here to register. Be sure to respond to the confirmation email which is sent instantly. If not in your inbox, check your spam filter.
Taking aim at the 5 day cycle projection now looking like 4132.
This is a syndicated post, which originally appeared at Stool Pigeons Wire at Capitalstool.com. View original post.
Wall Street Examiner Disclosure: Lee Adler, The Wall Street Examiner reposts third party content with the permission of the publisher. The opinions expressed in these reposts are not those of the Wall Street Examiner or Lee Adler, unless authored by me, under my byline. I curate posts here on the basis of whether they represent an interesting and logical point of view, that may or may not agree with my own views. Some of the content includes the original publisher's promotional messages. No endorsement of such content is either expressed or implied by posting the content. All items published here are matters of information and opinion, and are neither intended as, nor should you construe it as, individual investment advice. Do your own due diligence when considering the offerings of information providers, or considering any investment.