Since this rally began on July 14 there have been 8 tiny sharp pullbacks. The one that started overnight in the ES 24 hour continuous S&P fugutures doesn’t even qualify to be in that group yet. It has slightly broken the latest uptrend channel, but…
Over the past two weeks, each time the stock market takes a step up, each step seems a little shorter. At the same time they’ve been relentless, and each pullback has also been smaller. There’s been very little momentum loss. The market is just trendin…
The final list of double screened output for last week had 89 charts with second or third buy signals on Thursday and Friday. There were…
Last week I described how unbelievably bullish it all looked. That turned out to be correct, and could get worse from here (for bears). Technical…
Dear PMF-
First of all, thanks for being a loyal subscriber. You and your fellow subscribers are the reason I do this. Without you, there would be no Liquidity Trader, Wall Street Examiner, or even, yes, The Stool Itself.
Thanks also for you…
Still not enough evidence to overturn my bottom call from two weeks ago. Holding 4 miner longs as swing trades. Subscribers, click here to download…
Thanks to running a Windoze update last night, that, unbeknownst to me, did not complete itself, I had to re-run it today. If you have a PC, you are no doubt familiar with this experience, and know how long it can take. I am now so far behind the 8 bal…
Posted this on July 20 Quote Bitcoin (BTC) Breakout- Here’s Where It’s Going BTC has broken out, in a move that measures to at least…
Well, now would be one example. We see it on the 2 hour bar chart of the ES, 24 hour continuous S&P futures. They are trading at the top of multiple channels and resistance lines in the 4210-20 area.
That’s not to say that they won’t br…
Inflation makes it cheaper to service debt, especially for the Fed’s biggest client the US Treasury. Today at 8:30 AM ET we get CPI. Here’s…