What happens in yesterday, stays in yesterday. In the pre market this morning, 3 days of gains have been wiped out, and the 5 day cycle projection points to 5485. If this breaks 5605, the conventional measured move target would be 5455. What’s it all about, Alfie? I don’t see a raison du jour yet. Holding the Averages Versus Picking Swing Trades
Meanwhile, here’s the great mystery of the 10 year yield sliding toward 4.10. I’ve come to the conclusion that the answer lies in the fact that coupon issuance has been light in July, and T-bills are effectively money. Picking Up Nickels in Front of a Steamroller
I’ll be posting moron this, this afternoon in your parlance, tonight in mine, as I wrap up my visit to the interesting city of Munich Germany. For moron the markets, see:
CURRENT REPORTS
- Gold Takes the High Road July 17, 2024
- Swing Trade Screen Picks – Holding the Averages Versus Picking Swing Trades July 14, 2024
- Higher for Longer July 14, 2024
- Picking Up Nickels in Front of a Steamroller July 9, 2024
- Gold Raises the Bar July 9, 2024
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