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Dystopia is Here Now 3/11/24

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.

Here’s a chart of it.

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And another.

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But here, we concern ourselves with the mundane day to day.

And the question at hand is whether we get the 4 day version of the 5 day cycle and bottom this morning, or is there one more day of carnage ahead. I don’t have the answer. The levels to watch for clues are 5103 and 5129. A break of the former would suggest another day of carnage. For the latter, blue skies. To 5150, anyway.

As for the bigger picture, I am working on a Technical Trader update to be posted before NY opens. Meanwhile, Swing Trade Screen Picks – What to Do With Profitable Week Behind

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For moron the markets, see:

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