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Relentless Rally – 1/24/24

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.

Looks like the market has decided not to decide. The ES 24 hour S&P futures are locked in a tight range. To me, it looks like a launchpad. If they clear 4865, I would expect a blastoff. Below 4843, I’d look for an itty bitty pullback before another attempt to go up.  It’s 5050 For Sure

133-dr

This is interesting. BTC is in a CNBCofficial bear market. The conventional measured move implication of the top pattern breakdown is 35,000. 13 week cycle projection is around 36,000.

What a scam.  But it’s been a good leading indicator for stonks.

133-fe

For moron the markets, see:

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