The pattern on the hourly chart of the ES, S&P 24 hour futures actually remains bullish. On the other hand, the 5 day cycle projection was 4035 and that was exceeded. So we’ll see if that headline holds up.
I’ll be back after posting the Gold Trader update.
To understand and profit from the big picture check out the following.
- Gold Has Made a Bottom July 28, 2022
- The Bond Rally That Fooled The Majority And Didn’t Help Dealers July 27, 2022
- Swing Trade Screens – Surprise, Surprise – A Few Shorts July 25, 2022
- Gonna Take You Higher, But Not Too Much July 25, 2022
- Survive the Meat Grinder and Market Will Gladly Pay Us Back on Tuesday 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
If you’re serious about the underlying forces of supply and demand that drive the markets, join me!
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