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That was the day that was.
On 1/24/2025 at 2:56 PM, DrStool said:
Is this the top?
Might be.
Might not.
It’s not often that we get to start with a premarket down 2%. Sure looks like Friday was, in fact the top. But now we’re close to a 5 day cycle bottom. The 5 day cycle projection is around 5965, and the ES 24 hour S&P futures is almost there. There are spport lines around there and 5955, and a spport convergence around 5945 in the pre-market that would be the most like spot for this to take a breather.
Meanwhile, the yellow stuff looks good. Golds Gains Are a Setup for More 1/27/25
Golds Gains Are a Setup for More 1/27/25
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Indicators are on the cusp of confirming more intermediate term gains.
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