I feel like I missed something, or misinterpreted something yesterday. Today we’ll see. The bears are on the cusp of gaining control here. An hourly close below 5675 would complete a nice top pattern that measures to around 5600. Cracks Beneath the Surface of the Stock Market
Two days ago BTC was on the verge of a breakout. Then look what happened.
But good old gold is hanging near the high. I got an update in the works.
The 10 year yield continues to threaten a trend break that would signal a return to a bear market- up in yield, down in price. The Longer This Goes On, The More Fragile It Becomes
For moron the markets see:
- Swing Trade Screen Picks – Ignoring a Flood of Sell Signals October 1, 2024
- The Longer This Goes On, The More Fragile It Becomes September 30, 2024
- Cracks Beneath the Surface of the Stock Market September 30, 2024
- Here’s a Gold Thing Going Parabolic September 26, 2024
- Market Can’t Live By Repo Alone September 25, 2024
- Macro Money Blows the Roof Off September 17, 2024
- Primary Dealer Clown Show Danger Pales in Comparison to Hedgie Daredevils September 11, 2024
- Here’s Hard Evidence that the Slowing Economy Narrative is False September 8, 2024
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 folder.
