We all know that Wall Street is really a circus. So are we under the big top?
Hard to say, but if it rolls over today, maybe.
And if not, well, a breakout through 5096 would suggest higher prices ahead. The 5 day cycle projection says 5135-40.
Trend spport at 7 AM ET projects around 5076 heading toward 5080 at the NY close. Bust that and maybe the clowns will sing The Party’s Over. They Walked the Line
For moron the markets, see:
- The Fed Doesn’t Matter Any More May 1, 2024
- Swing Trade Screen Picks – Hidden Gems April 29, 2024
- They Walked the Line April 29, 2024
- Gold to Hibernate Till Winter April 24, 2024
- Watch Closely as Warning Signs Abound April 23, 2024
- Warning Signs Abound, But Ignore Them for Now April 16, 2024
- March Withholding Tax Collections Actually Stunk April 5, 2024
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