Menu Close

Top in the Making 10/13/23

Happy Friday the 13th! I am out and about in Paris this morning, so I will just start with this brief observation. The hourly chart of the ES 24-hour s&p futures looks like a top pattern. An hourly close below 4433 would negate the implications of the previous base breakout, and set the market on a lower course for at least a few days.

I shall return.

 

Screenshot_20231013_124836.jpg

For moron the markets, see:

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 folder.

Discover more from The Wall Street Examiner

Subscribe now to keep reading and get access to the full archive.

Continue reading