I’ve just moved into a new apartment in Cannes, France. It will be my next to last move. At the end of this month, I hope to be in the place I just put under contract in Nice 10 days ago.
So today, I’ll make this short and sweet for now, and I’l…
At 6:40 AM in New York, we’ve had a slight break of the latest, sharpest uptrend channel on the hourly ES 24 hour S&P futures chart. It’s not a material break yet. I would consider the uptrend intact until the price drops below 4605. Even that woul…
Short term and 13 week cycle projections point to a low around xxxx (subscriber version). . Short term cycle lows are xxxx . The 13…
The rally continues. The 5 day cycle projection on the ES, S&P futures now looks 4600-4610, about the same as where it was pointing at the close yesterday, plus a little leeway for a bit more upside.
As I pointed out yesterday, clearing 4550 …
This report shows the imbalance of Fed liquidity driven demand and the coming short term liquidity boost from seasonal Treasury paydowns. However, I’ve added something…
The hourly chart of the ES, S&P 500 says it all. The market is on the cusp of another upside breakout. Should it clear 4546 today, there’s a vacuum overhead until around 4582. The 5 day cycle projection is 4600-4610.
You can also see …
When I ran the data the raw daily totals for last week, there was a surprise. They ended with a solid edge to the sell…
At the beginning of most great bear markets, there’s invariably a big rally that convinces most that the bull market is still running. Then the…
You see it on the 5 hour bar chart of the ES, S&P futures. In each of the last 3 very short term tops, the market formed a right eyebrow and then drooped. The key level today is 4545. If it stays below that, this could devolve into the droopy patt…
Or is this just the middle of nowhere. In the very short term view that we take here at The Stool, that’s exactly right. We don’t know, and neither do they. Today is a day to sit and watch the grass grow, the paint dry, the ice melt. Whatever suits yo…