Remember this oldy but goody? 4220 or Bust 4/27/21
The new 2-3 day cycle projection is 4210. Can’t make a precise 5 day cycle projection, but if the market doesn’t pull back much before NY opens, we’d be looking at around 4225-30. The codpiece pattern has broken out, with a projection of…
Yesterday’s screen game was a virtual tie with 13 buys and 14 sells.
This is swing trade buy signals vs. sell signals from yesterday’s action.
We could still be under the influence of the 58-16 bull win from Monday’s action. And that could be a second wind off the thrust of the 155 buy signals that started the 6 month cycle up phase back on March 28. That was the Big Kahuna.
They’re hanging around up here, balanced on the tight rope swaying in the breeze. How are your nerves.
The markets are awash in cash. It shows up on the Fed’s balance sheet. It shows up in the Treasury account, and in Primary Dealer…
Bulls won the screen game from yesterday 58-16 despite a meh showing in the averages. Here’s the raw data.
The short term outlook isn’t positive, but the longer intermediate cycles remain on the buy side. There’s just one thing to look out for, and…
It’s 2 AM in New York. Do you know where your stonk market is?
Have you ever noticed that as soon as you put it in writing–anything– it does the opposite.
Cycles have turned mixed, but the key 6 month and 10-12 month cycles remain in up phases. We have a pretty good time map of…
Last week was a rough ride with all the whipsaws. 5 stops got clipped. The chart pick list had an average gain of 3.5% with an average holding period of 13 calendar days.