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Stop the World, I Want to Get Off 11/5/20

5:30 AM ET

I can say only that I’m glad not to be in the US now. I’m doing my best to avoid consuming any news. Just make it stop, ok?

Meanwhile, Wall Street rolls and the clueless media invents a different excuse for it every 15 minutes. What a f——g g—–mn joke. Do yourself a favor, turn of the business news, and just trade the charts. That’s what I’ve done the past two days and it has been quite profitable.

We are now looking at a 5 day cycle projection of 3530-3570 on the ES fucutures! Which means we’ll either break out through the October high of 3540, or we won’t. The July high was 3586.

Click to engorge.

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Daily chart for perspective.

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Click here for the longer range view, and subscribe!

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