2-3 day cycle projection 5960.
The market has settled into a range over the past 2 days, but it’s due for a nominal 3-5 day cycle low today. That cycle has recently shown a tendency toward a 4 day duration. The setup calls for another liftoff, but there’s a chance of a bear takeover…
5 day cycle projection now 5950.
No sign of an end to this yet. Although 5 day cycle projection 5840-5870. We’re in the ballpark.
No sign of an end to this yet. Although 5 day cycle projection 5840-5870. We’re in the ballpark.
Create a problem and then cower away from it when the other side calls your bluff. Result, markets soar around the world. Look like a genius and savior.
Let’s see how long this Kabuki theater works.
The Art of the DOAD
AI …
As long as it’s above 5646, the trend is still up.
The 5 day cycle projection is 5730. It fell a little shy of that yesterday.
Meanwhile, get ready:
U.S. Treasury Supply Update and Debt Ceiling Analysis: The Art of the DOAD
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Review of May 8 Treasury Supply Report by Lee Adler This report stands out for one reason: Adler identifies what most overlook—and names it with…
Whaddya think of that?
The hourly oscillators on the 24 hour S&P futures have been trending toward zero, and have settled in at that level over the past several hours.