Riding the waves on this baby this afternoon and overnight, as I head for Copenhagen from beautiful Oslo.
Meanwhile, the US stock futures have been choppy with a surge that has now reached the seawall at 4420. If it’s breached, Beartown will see some destruction. I see a 5 day cycle projection of 4450. That would complete a base breakout with a conventional measured move target of 4490.
I’ll be back.
For moron the markets, see:
- July Starts Ugly After Fabulous June July 10, 2023
- Stocks Are Scraping the Ceiling July 9, 2023
- Withholding Tax Rebound Sets Up a Bearish Fed Catch 22July 6, 2023
- Golden 13 Week Cycle Turn and Other Hopeful Signs 7/5/23July 5, 2023
- It’s Not Your Daddy’s Liquidity Anymore July 5, 2023
- We Now Know What is Driving the Rally June 20, 2023
- The Fed’s Slush Fund is Working June 16, 2023
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