The final list of double screened output for last week had 14 charts with second or third buy signals on Thursday and Friday. There were…
to the DOWNSIDE. Whoa. WTF.
Just a correction in the new bull market?
LOLOL
Je ne sais pa.
First the 2 hour bar perspective on the ES, S&P 500 24 hour futures. This morning’s pre market dive combined with Friday’s has now bro…
Friday’s break, and this morning’s follow through in the pre-market, allow for the thought that the rally may be finished, but the evidence isn’t there…
Still waiting for confirmation of an upturn in the 9-12 month cycle. Until that happens, there’s still downside risk, with limited upside. Here’ are the…
I don’t know what it is, but it’s not green like always. On the green background it looks brown. Like the color of…
Never mind.
The 5 day cycle projection is 4242. 3-5 day cycle oscillators have turned down from around neutral ground. That…
Rule Number One is “Don’t Fight the Fed.” But Wall Street and its willing herd have done just that for the past month. Stocks have…
Another double bottom off the bottom of an uptrend channel now threatens to break the new, and rare, downtrend channel, as of 8 AM in New York. You can see it on the hourly ES, S&P 500 24 hour futures chart. Not only that, but the 3-5 day cycle osc…
For more than a year the trading patterns of BTC and stocks have correlated strongly across all time frames. This chart of the two hour…
Meanwhile, the Fed remains egregiously behind the market in rubber stamping market interest rates. I don’t know why they even bother. Rates are and always…
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…