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Stock Market Technical Outlook Today
JP Morgan was right when he famously said, “The market won’t fluctuate.” It has now been more than a week and the market hasn’t. The hourly ES, 24 hour S&P futures chart shows the market moving in a straight line trend since Tanks Giving.
OK, so he didn’t say that. But there’s of this no end of this in sight. Perfectly normal market in normal times.
Looking at cycle projections, using bases of 2-3 days, 4 days, and 5 days, all seem to point to a high of 6095. There’s an uptrend channel line passing through that vicinity around mid day. If that’s cleared, the next one would be around 6105. Analyzing Short and Long-Term Market Trends and Patterns
Bitcoin Technical Outlook Today
Intermediate term cycle projections on Bitcoin (BTC) now point to 104,000. The top of the current short term channel is at 112,000 today. The top of the next longer channel is at 120,000. Gold’s Trading Cycle Alignment Has Potential
Gold Technical Outlook Today
Gold continues to trade within a triangle. It needs to clear 2695 for an upside breakout. There’s still room for a pullback to 2595 without signaling big trouble. But below that would be a problem. Gold’s Trading Cycle Alignment Has Potential
Treasury Market Technical Outlook Today
The 10 year Treasury yield is at a critical inflection point for both the bond market and everything else. I tell you what to look for in this report. Giant Gain in November Withholding Tax Collections
FX Euro Technical Outlook Today
The 10 year Treasury yield is at a critical inflection point for both the bond market and everything else. I tell you what to look for in this report. Giant Gain in November Withholding Tax Collections
For moron the markets see:
- Giant Gain in November Withholding Tax Collections December 4, 2024
- Gold’s Trading Cycle Alignment Has Potential December 3, 2024
- Analyzing Short and Long-Term Market Trends and Patterns December 2, 2024
- Warning Signs: Are Primary Dealers Indicating a Market Top? December 2, 2024
- Top Stock Charts: This Week’s Insights December 1, 2024
- Ponzi Much? Understanding Treasury Debt and Market Fragility November 20, 2024
