The last time we looked at the Composite Liquidity Indicator (CLI), 4 months ago, I warned that the process of flattening the indicator was beginning,…
You gotta hand it to the bulls. They don’t quit. Although I’m not sure that it’s the bulls driving these rallies. More likely, chicken shorts. I mean… you can’t blame them for having weak hands, after being burned so so many times over the past dozen…
Next stop on the 10 year, 2.20. Then who knows.
Market technicians often use math in their work. Fartcalls are repeating patterns in different time frames, usually after meals where fiber nachos are on the menu.
Here we see such a chart, and wonder if, on the their repetition of this fartcall,…
The ES S&P futures have formed a beautiful bottom here in Europe at 10 AM Central European TIme, 4 AM New York time. It’s a near perfect W with strong hourly oscillator patterns. A 2 day downtrend channel has been broken but the rub is that a 4 d…
Tomorrow marks the end of QE. This is huge. Forget interest rates, this is massive policy tightening in the face of gigantic tidal flows of…
Short term cycles have extended through expected peaks, thanks to the extraordinary circumstances. Projections on the 13/17 week and 9/12 month cycles have risen and…
After plunging through most of the night, the ES S&P futures staged a spike rally beginning at 3 AM in New York, 9 AM in Europe, when markets opened here. That rally has still left the futures in a steep downtrend. The rally faces multiple resistan…
Buttcoin (BTC) is the preferred choice for money transfer of Russian oligarchs, money launderers and other criminals the world over. As such, it has enjoyed…