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Stock Market Outlook Today
The hourly ES, 24 hour S&P futures is hanging on to the underside of the rising 50 hour average. It’s heading for a 5 day cycle projection of 6075. The market is trending as opposed to cycling on this very short term basis. If they manage to get on the topside of that 50 hour average, the movement should accelerate toward 6080. If they clear that, then 6100 would be immediately in the cards.
If they roll over instead, trend support comes in at 6050. Analyzing Short and Long-Term Market Trends and Patterns
Gold Price Outlook Today
Gold is barely hanging on to its uptrend. It needs to clear 2700 to be out of the woods. Gold’s Trading Cycle Alignment Has Potential
Bitcoin Price Outlook Today
Bitcoin is in a triangle pattern on the daily. It looks like a consolidation. But none of its intermediate term or short term cycle projections point past 98,000. Top Stock Charts: This Week’s Insights
US Treasury Market Outlook Today
The 10 year Treasury yield reversed before reaching its lower uptrend channel line. That’s bearish for bonds.
But the Treasury is loaded with cash and has begun paying down T-bills. That’s bullish. Warning Signs: Are Primary Dealers Indicating a Market Top?
FX Euro Outlook Today
The EUR/USD is struggling to find its footing at what should be a bottom. Warning Signs: Are Primary Dealers Indicating a Market Top?
For moron the markets see:
- 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
- Don’t Be Misled By October Tax Collections Collapse November 5, 2024
