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Major Infarction Point 11/4/24

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.

Another triangle pattern has formed on the hourly chart of the 24 hour ES, S&P futures. The numbers to watch for signals are 5745 on the upside, and 5725 on the downside. Triangle breakouts are usually explosive, but there’s little reason to expect them to have extended follow through. I would expect little more than a flash bang either way today.  Major Inflection Point

1733de

Is gold starting to top out? Old Gold Uptrend Could Get Smoked

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The EUR/USD is beginning the expected cycle upturn.

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With bond yields hitting projections and the debt ceiling looming is it time for the bond market to catch a break? Primary Dealer Crisis Now, Crisis Later

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What about Twin Peaks on Planet Crypton?

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For moron the markets see:

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