Menu Close

Stampede! 8/2/21

Yep, the bulls are running again. As of 5:30 AM ET, they’re near another breakout. The 5 day cycle projection says its coming. The projection is 4448-50. Trend resistance projects a couple points lower than that, but they usually punch through a little before pulling back.

tvc_18273332208f1686affab65c1ef74d66.png

If you are a new visitor to the Stool, 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.

Meanwhile, here’s the big picture technical outlook.

Closer Every Day

 

And a QE update.

Here’s How Fed and Treasury Colluded to Delay Armageddon Due Date

Here’s a freebie on my reaction to what the Fed did last week.

Fed Finally Starts the Standing Rippo Farcility

Discover more from The Wall Street Examiner

Subscribe now to keep reading and get access to the full archive.

Continue reading