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Indecision Tell 1/28/25

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.

The market now has both uptrend and downtrend and uptrend channels. Take your pick.

If the ES 24 hour fuguetures are above 6030 at the NY open, then the downtrend is busted and an uptrend is in force. It would face resistance at 6050-6054 through the NY close. If cleared then I’d look for a gap fill or partial fill. The gap runs 6070-6090. There’s a 2-3 day cycle projection of 6100.

On the other hand, if the ES is below 6030 at 10 AM, then there’s a downtrend still in force. That should target spport around 6000-6007. If that should fail to hold, then a persistent drift lower would be in order for the rest of the day.

18mts9

Interesting setup on BTC. It’s on the cusp. It will either resume the uptrend and target 120,000 or trigger an intermediate term sell signal if it drops under 99k.

18mtv0

If gold breaks 2755, correction coming. Golds Gains Are a Setup for More 1/27/25

18mtwl

Moron the markets:

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