Gold is now working on a test of the low. Obviously, it needs to hold, otherwise, this could get a lot worse over the next…
Meanwhile, back at the stock market at 4 AM in New York, 10 AM in Paris, and 9 AM in London, it’s dead cat reaction time. At 8:45 AM ET yesterday, I was able to project a 5 day cycle projection of 3760, on the ES 24 hour continuous S&P fuguetures, …
Primary dealers have finally taken aggressive action to mitigate the losses in their bond portfolios. But it is too late. The damage is done, and…
The final list of double screened output for last week resulted in 5 charts with multiple buy signals, and 118 with more than one sell…
All hell has broken loose overnight on Sunday night, Monday morning. The S&P futures are already trading at 3820, which is the bottom of the…
The 5 day cycle projection of 3820 on the ES hourly 24 hour continuous S&P fugutures of 3820 has been reached as of 3:45 AM in New York. However, The measured moved target is 3450. Keep your seatbelts fastened and brace for impact.
Mea…
The first shoe has dropped. Now we wait for the other. Will it be a long wait?
Maybe not. There’s a current 5 day cycle projection of 3980-4000 on the hourly chart of the ES, S&P 500 continuous 24 hour fugutures.
That’s not far from whe…
Anyone who purports to know the direction of the short term breakout, You’re a better man than I am Gunga Din.
Meanwhile, no such indecision in the money market, where T-bill rates show the Fed where the market actually is so that the Fed can use …
They’re killin’ us with boredom.
The old guys used to say, “Never short a dull market.” Well, I disagree this time.
But I don’t know for sure of course. There’s a very narrow decision zone on the ES S&P 500 24 hour continuous fuguetures….
The trading range goes on and on, but our two mining picks are doing ok. Subscribers, click here to download the report. Non-subscribers, click here…