Today, I’m living and working in a construction site. Major renovations of the apartment that I closed on last week have begun. This morning a small crew came in, demolished two interior walls, removed upper kitchen cabinets, and did a few plumbing connection upgrades, and started cleanup of a ton of debris before lunch. After lunch they came back for 45 minutes removed the debris and left 30 minutes ago to haul it all to a landfill.
It was really amazing to watch. These guys moved like lightening in a ballet of work that I could clearly see that they had done together as a team for years. I’m absolutely thrilled with what they accomplished on the first day.
Meanwhile, something is under construction in the market. Is it the roof, or just another floor in a multistory building? In the very short term couple a day view that we take here on this forum, there’s a 5 day cycle projection of 4030, so I guess this is just another floor in the new Towering Inferno.
Maybe that move is just starting here at 8:22 AM New York Time. They gotta get through resistance at 3975 first. If they do, I think you can count on that 4030.
To better understand the big picture right now so that you can take the correct action when the time is right, check out the following:
- Catch a Falling Knife July 19, 2022
- Survive the Meat Grinder and Market Will Gladly Pay Us Back on Tuesday July 18, 2022
- Major Swing Cycles Align for an Up Phase July 18, 2022
- As Good As it Gets, Before the End of Time July 18, 2022
- Are the Fed and Treasury Geniuses, or Just Lucky? Part One July 12, 2022
- Recession? What Recession? July 5, 2022
- Stocks Are Even More “Dover Sole” Versus Liquidity June 28, 2022
- We Knew QT Would Be Devastating, But You Ain’t Seen Nothing Yet June 21, 2022
If you’re serious about the underlying forces of supply and demand that drive the markets, join me!
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