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.
On 9/20/2024 at 2:46 PM, DrStool said:
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
Tuesday being today, that would make this setup a launchpad after a 5 day cycle flat down phase.
Meanwhile, how much farther will this run? Gold Sings Higher and Higher
And how’s that Fed “rate cut” working for you? Macro Money Blows the Roof Off
For moron the markets see:
- Stars Are Aligned September 23, 2024
- 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
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.