I’m talking about buttcoin (BTC). This sucker is getting ready to drop its load, big time. First it has to suck in all the buttcoin bulls. It does that with those repeated pops every time it pierces apparent sport 30K. But watch out buttcoin fans. You’…
First they bore you. Then they excite you and suck you in. And then they drop the hammer.
We’re in the boring stage.
One thing is for sure. The longer this goes on, the longer it will go on.
The levels to watch are 4190, …
The final list of double screened output for last week resulted in 18 charts with multiple buy signals, and 57 with more than one sell…
I may regret this headline when I go through the chart pick screens this morning, but at least we have a context. If a chart…
The market has settled into one of those maddening, boring trading ranges that don’t tell us anything. It has lasted 6 trading sessions, starting from before the holiday weekend. At the moment the range is defined as 4074-4190 on the ES 24 hour S&P…
Federal tax collections plunged in May, withholding taxes in particular. Those worried about a slowing economy now have real data to back them up. In…
Anything above 2.96 on the 10 year should trigger a breakout to the next upleg in yields. The current pattern on the hourly ES 24 hour S&P continuous fuguetures remains bullish but there’s a big butt…
There’s no reason for panic, yet. But a new 9-12 month cycle projection is scary. Subscribers, click here to download the report. Non-subscribers, click here…
They’ve broken the back of the rally, but haven’t resumed the downtrend yet. The ES 24 hour S&P fugutures are in suspended animation, waiting for the other shoe to drop. They have set up a trading range of 4105 to 4169 on the hourly chart within wh…
At its May meeting, the Fed announced the beginning of its program to shrink its balance sheet. That program is colloquially known as QT or…