The 5 day cycle projection has pulled back to 4548. The ES S&P futures hit 4546 this morning. Close enough for government work. Time for a breather.
The pullback has already come down to one support area around 3528. The big mahoff is at 4520. That’s the top of the magaphobe pattern that it just broke out of yesterday. If this pullback holds, the price objective would be da moon.
And for your longer term listening and dining pleasure:
Here’s What Happens When Gold’s Cycles Are at Cross Purposes
Chart Picks – 8 New Picks From Last Week’s Swing Trade Screens
Here are the Keys to More Upside as Cycles Get Back In Sync
QE Still = 100% of Treasury Issuance, But Coming Change = Crash
This is a syndicated post, which originally appeared at Stool Pigeons Wire at Capitalstool.com. View original post.
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