Menu Close

No News is Good News 5/31/24

He is still running.

If elected, he will not serve.

We now have an overnight double bottom on the 24 hour hourly ES with a modest positive divergence. This should be enough to give the 5 day cycle up phase some upside. 5230-35 is a serious obstacle that they need to clear. There are about 5 different downtrend lines representing resistance through that zone. If they clear it they should be good to go for a bit.  Otherwise, down the shitter.

151g83

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.

RSS
Follow by Email
LinkedIn
LinkedIn
Share

Discover more from The Wall Street Examiner

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

Continue reading