The stock futures markets have taken the weekend at Bernie’s in stride. Here’s how today shapes up.
Mixed cyclicality has led to a rangebound market. There’s no sign that that will change this week. But look out if it does!
Was there some news?
The outlook for the most of the rest of October is bullish. But it’s not an endless bull any more.
However I note some negative divergences. Resistance 3382 and 3390-95.
Sky’s the limit if they clear.
Support at 3365. Bears need to break that, or bulls stay in control.
No 5 day cycle projection yet. 2-3 day cycle proje…
Overseas investors apparently were not impressed. Although here at 4:20 AM NY time, they’ve cut the loss in the fucutures in half.
Again, interesting perspective from the 2 hour bars. They cleared the big downtrend channel twice, early and late. …
Straight from the bowels of the NY Fed, in the name of Jaysus, Praise the Load!
The overnight pullback left us on the brink.
The setup is propitious for a short term low risk entry. The setup is propitious for a short term low risk entry. There are a…
An up day on Monday would confirm that the short term downtrend is broken. This report gives you the key support and resistance levels, and…