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Doom Approaches – Prepare to Meet Your Maker 12/22/21

This is a syndicated repost published with the permission of Stool Pigeons Wire at Capitalstool.com. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.

Here He is.

Hallowed be his glorious name. US Treasury 10 Year Yield

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Get Ready for a Slow Moving, but Perfect Storm

And for our usual focus on the intraday matters, the hourly ES chart still has a 5 day cycle projection of 4690. Trend support is at 4645 as of 6:45 AM ET. If that holds, then the cycle projection remains doable.

If 4645 breaks, bears have a shot. Only a shot, not a guarantee. There’s more support at 4630 and 4625 as New York opens. They’d need to be broken to get the ball rolling downhill.

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Meanwhile for rest of the big picture.

Gold Shows Every Sign of Doing This Now (and Forever)

Is It Time to Quit if Your Chart Picks Crushed the Market Last Week?

How to Tell When This Inconclusive Market Turns Dangerous

Prepare for Market Doom, the Moment of Truth Is Here 

Gold Hangs By a Thread on the Eve of Destruction

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