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Getting Jobbed 01/06/23

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.

It’s jobs day. Tax receipts say there was a jobs boom in December. What will the Bureau of Liar Statistics say?

Withholding Taxes Are Soaring

Meanwhile, the hourly chart of the ES, S&P 24 hour fucutures is a so what, before the BLS let’s loose. No doubt the futures will start to move 5 minutes before the report is out.

But whether that move is in the “right” direction is anybody’s guess. The chart is poised to do one of two things, with a third thing as an option. I can confidently guarantee that one of these will happen.

Up

Down

or Sideways.

There’s still a 5 day cycle projection of 3780. So there’s that. But from there, who knows. Obviously if they break 3794, the market should start to shit itself, but then there are the dipshits, so we’ll see.

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For moron the markets, see:

I am working on swing trade screens right now for posting before NY opens. I’ll have a gold update tomorrow, followed by a new Liquidity Trader Money Trends report focusing on December tax collections and yobs man.

If you’re serious about the underlying forces of supply and demand that drive the markets, join me!

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8:20 AM Note.

I was wrong. The market started to move 10 minutes before.

Criminals.

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