The Federal Plunge Protection Team (PPT) swung into action early yesterday, triggering a marketwide short squeeze with spectacular results. But these interventions can only last so long. The market must then sink or swim on its own. 5 day cycle projections on the ES 24 hour futures chart of the S&P 500 says that this one will swim to a target of 3725, and then start sinking again.
How many yards did he lose?
- We Now Know When and Where Gold Will Bottom October 14, 2022
- We Can Now Project When Fed Will Pause, But Not Reverse October 13, 2022
- Swing Trade Screens – Plunging in on the Short Side October 11, 2022
- Market Reaches Do or Die, Right Here October 10, 2022
- Look Out For the Real Fallout of Declining Withholding Tax Collections – Part 2 October 6, 2022
- Look Out For the Real Fallout of Declining Withholding Tax Collections October 5, 2022
- Swing Trade Screens – Beware! This Swing is Old October 3, 2022
- Stocks Have Much At Stake Right Now October 2, 2022
- Gold Reason to Hope No Reason for Optimism September 30, 2022
- Markets Face Catastrophe as Dealers Mitigate Too Little Too Late September 26, 2022
- Fed Speeds Into Dead Man’s Curve, More Black Tuesdays Ahead September 15, 2022
- There Will Be More Black Tuesdays September 14, 2022
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