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All Right For Turkeys 11/22/23

Happy Turkey Day to all my fellow Merkans.

Tomorrow is just another day in la France but I will enjoy it vicariously with you as you celebrate with your families.

Normally Wall Street pre-celebrates, and it’s beginning to look that way on the hourly chart of the ES, 24 hour S&P futures, just before 8 AM ET. The 1 day cycle projection looks like 4560-65. If successful, that would imply a conventional measured move target of 4580-85.

But let’s not jump the gun. The market has reached an area of major resistance for the next 50 points. The first pivot level obstacle is 4557. Clear that, and more upside should follow. Don’t clear it and be ready to wallow.  Room to Run

12d3ew

For moron the markets, see:

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