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Today’s Stock Market Chart Setup Screams, “It’s a Setup!” 6/11/21

I just can’t.

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OK, let’s zoom into the 30 minute bars and see if it makes any more sense.

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Well, no. But the 2-3 day and 5 day cycle projections are now both around 4260. I see no reason why they wouldn’t get there. If they get through 4242, the odds are pretty good. If they clear 4246, it’s a slam dunk.

On the other hand, below 4235 looks kinda airy. So there’s that.

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