He did not say “might” fail. He said, they will fail in the next housing downturn. This is in the wake of the Supreme Court…
Cycle analysis says that the 5 day cycle is now in a down phase, despite the ES fucutures being at a new high for this rally. If this is the down phase, I can’t wait to see the next up phase. 🤒
The balance between QE and Treasury supply will begin to shift in July. The underlying bid it has provided for stocks and Treasuries will begin…
Yep, that was the 5 day cycle projection as of 1 AM in New York. It implied that resistance at 4242, 4248, and 4248, would be non factors, or at least not much. An old megaphone line now at 4274, and another one at 4284 could be.
But then the fu…
I’m leaving early Tuesday AM for a little boat trip out to a couple of the outer islands. Just 9 more days here in Zadar, so I want to pack in some R&R and visits to places I haven’t seen yet. I’ll open a new thread now for Tamara. See you Tuesday evening.
BTC now has a 9 month cycle projection of 28,000. Breaking 29,000 would result in a conventional measured move target of 0 for the head and shoulders pattern breakdown. Actually -5,000, but I don’t think it can go negative, can it? – CHART
Gold and the miners went from precarious to ugly, fast Subscribers, click here to download report. Try Lee Adler’s Gold Trader risk free for…
Cycles are topping out. That includes the big ones.
A little panic after the close on Friday, with piling on in the early going in Asia broke the longest megaphone. But the Europeans rode to the rescue at their open, bringing the ES futures back from a touch of the lower line of the shortest widest one….
Existing picks, all longs, held up pretty well in last week’s selling. 3 of them dipped below their stops, with gains in two of the three. The newest pick, XXXX (subscribers), added last Monday, did surprisingly well. This week, I’m adding one long and three shorts.
