That’s on the hourly ES, S&P 500 futures chart.
It needs to clear 4496-4504 to really get anything going on the upside. Otherwise it’s a false alarm.
I’m traveling to Hyeres for the day today. Won’t be around until late this afternoon y…
Originally posted at Capitalstool. This chart illustrates the point that the Fed doesn’t set rates by waving a magic wand and saying, “Abracadabra, rates go…
On Wall Street, there’s no sun up in the sky, stormy weather.
Nice has a Mediterranean climate, nothing like Paris. Paris has real winters. In Nice, it’s mostly sunny throughout the winter with daytime highs typically in the 50s. When there’s a c…
Gold has lost its shine, and it looks to be dull for a while. The 10-12 month cycle projection of xxxx(subscriber version) has been hit.…
That’s the 5 day cycle projection on the ES, S&P 500 futures, this morning at 10:30 AM in Western Europe, 4:30 AM, in New York, before the first traders are stirring their coffee. To get there, the bulls first must clear resistance indicated at 459…
Hey! I’m sorry, but writing headlines is harder than it looks sometimes, ok?
This is one of those times. So cut me some slack, ok? 😁
The chart picks were a bit more conclusive this weekend: Holding Longs, Adding Shorts. The intraday outlook…
Last week’s daily screens tilted away from the buy side and toward the sell side for a second straight week. The final score for the…
Cycles – The 6 month cycle has is in an up phase, ideally due to top out xxxx xxxx (subscriber version). Short term cycles and…
Federal tax collections were exceptionally strong for the full month in March, including withholding taxes in particular. The jobs gains reported by the BLS, were,…
April Fool.
That would be me.
Here’s the chart of the overnight and pre market S&P futures, 5 minute bars.
And here we have our usual look at the one hour bars. Talk about riding a trendline! What happens next, I haven’t a cl…