First they bore you. Then they excite you and suck you in. And then they drop the hammer.
We’re in the boring stage.
One thing is for sure. The longer this goes on, the longer it will go on.
The levels to watch are 4190, on the upside, and 4098 on the downside. Set your alarms at those levels, or play golf, or go to the beach, or if you’re old like me, take a nap, or go to sit on a park bench by the sea. Besides, if you’re sitting by the beach in Nice, you might see something that will excite you.
More than this market, at least.
Meanwhile, let’s keep an eye on The Key To Everything.
It’s the 10 year yield, and it needs to merely clear 2.981 to end the likelihood that this pattern will turn into a head and shoulders top. Quantitative Tightening is Here, and the Effect Will Be Devastating
- Swing Trade Screens – Dipping A Short Toe Before the Next Big Wave June 6, 2022
- Here’s Why It’s Too Soon to Go Short Again (Mostly)June 6, 2022
- The US Economy, Including Jobs, Collapsed in May June 2, 2022
- Quantitative Tightening is Here, and the Effect Will Be Devastating June 1, 2022
- A Great Week for Swing Trade Screen Picks May 31, 2022
- We Hold Our Gold Miners, Add Another May 24, 2022
- Stocks Are Ahead of the Curve May 23, 2022
- Dealer Positions Show It’s Not Getting Better and It Should Get Worse May 15, 2022
If you’re serious about the underlying forces of supply and demand that drive the markets, join me!
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