Ever since the weekend massacre that resulted in the shutdown of two big banks and bailout of those depositors, stocks have been in a relentless uptrend. On the ES, 24 hour S&P futures charts, that uptrend now has 2-3 day and 5 day cycle projections of 4055-60.
If the market reaches that level and sticks, it would break a trendline dating from the February 2 peak, which you can see clearly on the 5 hour bars of the ES. Watch Out For This If the Market Comes Unstuck
For the bears to have any chance here, they better make sure that that trendline break doesn’t happen.
Safetycoin bullish.
9 month cycle projection now 33-34,000. That’s consistent with the conventional measured move target of the big base breakout.
Watch Out For This If the Market Comes Unstuck March 27, 2023
Gold hourly chart. I just show pictures. You decide.
Gold Takes a Breather Before Launch TIme March 30, 2023
My gawd. The gyro (EUR) in USD measures $1.19-20 out of this base. My fellow Merkans in Yourope, get ready for the strangle.
Gold Takes a Breather Before Lunar Launch March 30, 2023
Is the 10 year yield setting up for launch or breakdown? That will signal whether the bank runs crisis will ultimately be self mitigating (correcting) or self reinforcing (positive negative feedback loop). Fed’s Reaction to the Big Mahoff Panic Ain’t Your Daddy’s QE March 28, 2023
For moron the markets, see:
- Gold Takes a Breather Before Lunar Launch March 30, 2023
- Swing Trade Screen Picks – Traders, Take Your Naps March 29, 2023
- Watch Out For This If the Market Comes Unstuck March 27, 2023
- How to Play When Fed Changes the Game, Not Just the Rules March 19, 2023
- Systemic Meltdown Under Way As Dead Bodies Finally Start Surfacing March 12, 2023
- February Withholding Taxes Say – Fade the Jobs Report! March 2, 2023
- Here’s Why There Will Never Be Bull Markets Until This One Thing Happens February 26, 2023
- You Can Now Follow the Diabolical Usual Suspects February 16, 2023
If you’re serious about the underlying forces of supply and demand that drive the markets, join me!
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