Here, it’s another Nice day. Sunny with a high of 57F, but warmer on the Promenade des Anglais as the sun reflects off the surface of the Mediterranean. Last night, I got a few photos on my first walkabout around the neighborhood where I’m staying this month.
Next we have this beautiful photo of a pattern on the hourly chart of the ES, S&P 500 fugutures that we all know and love.
Yes indeed, it’s the Shitting Brontosaurus.
And we who are of the bearish bent are lying on the ground under the tail after getting stomped.
The 5 day cycle projection has lifted to 4610.
Gotta go. Time for a mid day walkabout in the sun.
I’ll have more for you later.
Meanwhile, the big picture:
Stampede of Short Chickens Has Bulls Sniffing Something
Now We Reap the Whirlwind of the Fed’s Malfeasance
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