I just realized that yesterday was, in addition to being Vaccine III day, my second anniversary as an itinerant American in Europe.
Wow. Whodathunk.
Meanwhile, the zag has a lag, as the ES S&P 500 fugutures throw one hissy fit after ano…
Yesterday morning I stuck my tongue firmly in my butt cheek and produced this chart of the ES, S&P 500 fugutures.
So far, it isn’t right, but it isn’t wrong either. At least not yet.
Yesterday, I wrote:
Today, we’re stil…
Look at this hourly chart of the ES S&P 500 fugutures. It’s obviously a top, right?
Well, not so fast, cowgirl!
What if we just move the chart over and down a bit. Then what does it look like?
The ES S&P fugutures may have set a 5 day cycle low in the wee hours this morning. They look poised to move higher here again after making yet another higher low. Pullbacks just ain’t what they used to be. Right?
There’s a lot of good news in the cycle projections table (subscriber version). Cycles are in gear to the upside and projections point higher. Now those projections just need to come to fruition. A breakout through xxxx (subscriber version) should get the ball rolling uphill. Failure to do so within the next couple of weeks would not be good.
Lindsay Williams interviews Lee Adler; Topic- the frightening monetary inflation and economists’ selective memory. Content hosted by iono.fm We talked about this chart.
No, I’m not talking about the card game.
Friday I called attention to an obvious buy setup.
Later, I likened that setup to a hot poker.
Now, they’re turning the hot iron in the fire. The 5 day cycle projection is 4708. Th…
Technical Trader subscribers click here to download the complete report. This Friday’s screens had 29 buys and 30 sells. It compares with 68 buys and…
Short term cycles look to be headed for a breather. But don’t expect much downside. The 13 week cycle has an updated projection.
bond prices will head lower. That could set off a firestorm in not only Primary Dealer inventories, but bank long term bond portfolios as well.