They’ve finally managed to push through 5000. The ES 24 hour S&P futures are trading at 5005 here in the pre market at 7:30 AM ET. The 5 day cycle projection points to a range of 5005-5020. Time to get short for a day trade yet? How long can this apparent juggernaut go on? Is This the End, or Only the Beginning
Update 8:45 AM ET
Oh. Now they’ve done it. Now they’ve really done it. Just wait.
For moron the markets, see:
- Swing Trade Screen Picks – Adding 3 Shorts for Each Long February 6, 2024
- Is This the End, or Only the Beginning February 5, 2024
- What’s Up with Down Withholding Tax Collections February 4, 2024
- In the Goldrums February 2, 2024
- Swing Trade Screen Picks – Clearing Out the Shorts January 30, 2024
- Fed Balance Sheet Right Now Says Bears Should Get Ready to Rumble January 28, 2024
- Primary Dealers Are Maxed Out Again January 24, 2024
- US Economy Crashed in December – Nope, See Update January 3, 2024
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