I can’t remember seeing more crisscrossing channels on an intraday chart.
Click to engorge.
Of course, shit like that happens when you’re 70 farcking years old, so I don’t know how significant this is.
And I have a sore throat this morning. Is that bullish or bearish?
That last uptrend channel on the right. Don’t worry, I’m just messin’ wit youse.
Or not really. The 5 day cycle projection is still 3750-55. But that’s based on that Monday morning fake news panic selloff about the Teenage Mutant Ninja Virus, which is 10 times worse than the parent, who is breaking bad enough. At this point, I don’t think it matters. Because one thing I know for sure.
We’re all gonna die.
Meanwhile, let’s trade!
And if I don’t see you tomorrow, have the best holiday you possibly can. But do not hug your grandchildren. In fact, don’t even let them near you. Remember! Life is all in the mind. It’s the only thing you control, so make the best of it. In that spirit, I offer you the traditional greeting of Christmas.
L’chaim!
Join the trading fun with me at Capitalstool.com
For the big picture, know what’s coming:
Gold Mining Picks Are Swinging
Look Out Bears, We May Be Headed for Excess QE
Charts Show Market Set Up For Santa Claus Rally and Rockin’ New Year
