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.
Seriously. A 5 day cycle high is due today or tomorrow on the ES, 24 hour S&P futures, but there’s no sign of a move either way. Higher But Narrow
So we wait.
The range parameters to watch are 5209 and 5240. Snoozefest until one or the other or both are broken.
For moron the markets, see:
- Swing Trade Screen Picks – No Way! May 13, 2024
- Higher But Narrow May 13, 2024
- Icing on the Gold Cake May 10, 2024
- April Tax Collections Soared May 4, 2024
- Gold Valley Rally May 3, 2024
- The Fed Doesn’t Matter Any More May 1, 2024
- Swing Trade Screen Picks – Hidden Gems April 29, 2024
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.