Menu Close

Under the Big Top 5/3/24

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.

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

14okl8

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.

Join the conversation and have a little fun at Capitalstool.com. 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 filter.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

RSS
Follow by Email
LinkedIn
Share

Discover more from The Wall Street Examiner

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

Continue reading