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Something is Up and It Ain’t Stocks 1/18/22

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.

Could it bee-e-e-e-e-e-e….?

Short term cycle projection 1.90. Conventional measured move target from the massive high base inverse head and shoulders pattern, 2.35.

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See Breakout Under Way!

Meanwhile back at the hourly ES S&P fugutures, bears have the ball, but bulls are making a goal line stand at a key sport level. The 2-3 day cycle projection of 3604 has been met. If this doesn’t hold, the wrath of the Load will descend upon us.  The Tongan Volcano Tsunami will look like child’s play.

But I think it will hold. For now…

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Meanwhile, Buttcoin rests. I think we get a right shoulder before heading lower toward the singularity. It never gets to zero, but it moves infinitely in that direction.

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For those of you who earn their living in doolars and spend it in euros, the future is now. I would have loaded up on EUR if it had broken $1.15, but now I’ll wait. At some point most likely April, I’ll be putting a big chunk of my cash into a Nice apartment. I’m inclined to pay cash at the moment, but could mortgage if the euro looks like it will stay weak. In that case, I’d want to hold doolars, not tie up cash in French real estate.

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Not having any appreciable monthly housing cost is always nice in Nice.

I need to be careful when telling people that I can’t wait to be in Nice.

Not everybody knows that I’m an only child.

bah rum-dump

And now (Paul Harvey voice) the rest of the story:

Still Looking for that Rigor Mortis Rally

Fed Will Administer Volckera to Cure Inflation Pandemic, and We’ll All Die

What the Signs of Emerging Gold Would Be

Wheels Are Moving in Slow Motion for the Top

 

This is a syndicated post, which originally appeared at Stool Pigeons Wire at Capitalstool.comView original post. 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.

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