Gad this is getting tiresome. And the other thing is that it’s just so disorderly. Whipsaws, sport breaks, resistance breaks. Failed signals. WTF!
For now, there’s a 5 day cycle projection of 3815 to shoot for. First they gotta clear 3797. Then there’s a nice resistance clump 3810-3814. Seems like a reasonable stopping point for them to peer over the cliff’s edge.
Big picture stuff below.
- Bad News for the Markets – Not Just Withholding Boomed in October November 3, 2022
- Surge in Withholding Tax Collections in October Indicates Faster Jobs Growth November 2, 2022
- Signs of an Intermediate Bottom in Gold Falter November 2, 2022
- Swing Trade Screens – Adding a Few Buys While Meat Grinder Chews Up Shorts November 1, 2022
- Bear Market Isn’t the Mirror of a Bull October 31, 2022
- Why You Should Stay Skeptical of Bullish Technical Signs October 30, 2022
- Swing Trade Screens – Operation Extrication October 24, 2022
- Signs of an Intermediate Bottom in Gold October 22, 2022
- Bears Beware, Treasury Buybacks Will Turn the Markets, Sooner Not Later October 21, 2022
- We Can Now Project When Fed Will Pause, But Not Reverse October 13, 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
- 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
If you’re serious about the underlying forces of supply and demand that drive the markets, join me!
If you are a new visitor to the Stool, please register and join in! To post your observations and charts, and snide, but good-natured, comments, click here to register. Be sure to respond to the confirmation email which is sent instantly. If not in your inbox, check your spam filter.
