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This is interesting. Monthly, weekly, daily, hourly.
Fartcalls.
Lee AdlerThe 9-12 month cycle projection suggests that the uptrend has reached its limit and a top is due now on the 13/17 week cycle. However, the projection for that cycle points higher. My bet is on that. This report illustrates why, and gives the targets for this move and longer term. I also update the mining picks as they swing higher. Non-subscribers click here for access.
Subscribers, click here to download the report.
Try Lee Adler’s Gold Trader risk free for 90 days!
As for the hourly chart of the ES, 24 hour S&P futures, it looks as though we’re due for a 5 day cycle down phase that lasts into Monday or Tuesday. But the base pattern from which this breakout came could power this move much, much higher. Stock Market Has Perfect Lineup for Fall Classic
The 10 year yield is still basing for the next upleg as the US Treasury pumps billions and billions in cash into dealer and investor accounts this month. Macro Money Blows the Roof Off
But the speculative juice indicator says there’s been a waning. Will it reignite? Stay tuned. We should know by next Friday.
I sure would not want to be earning my living in USDs and living in Your Rope right now. Oh… wait…
Time to ring up my broker, Benson and Hedges.
For moron the markets see:
- Gold Sings Higher and Higher September 19, 2024
- Macro Money Blows the Roof Off September 17, 2024
- Swing Trade Screen Picks – Eight Is Enough September 17, 2024
- Stock Market Has Perfect Lineup for Fall Classic September 16, 2024
- Primary Dealer Clown Show Danger Pales in Comparison to Hedgie Daredevils September 11, 2024
- Here’s Hard Evidence that the Slowing Economy Narrative is False September 8, 2024
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