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Under the Big Top 5/3/24

This is a syndicated repost published with the permission of Stool Pigeons Wire at 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


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