This morning, it looks like the market wants to build a second right shoulder on the ES fucutures in symmetry with the left side of the current head and shoulders structure. Any rollover below 4213 would favor the bears. By the same token, it would be …
This is the 9th day in the same 1% range. But we now have a completed head and shoulders top pattern with the ES fucutures sitting right at the neckline at 6:10 AM in New Yak. A breakdown looks all but certain. The 5 day cycle projection is 4175-85. S…
Originally posted at Capitalstool. Bulls won the screens yesterday with 30 swing trade buy signals and 24 sell signals, a tiny spread of +6. That’s…
This is the 8th day in the same 1% range. But higher lows and higher highs. Sport level to watch, 4190. Resistance 4210, and 4230.
That’s right. Da bulls. A tad early for a 5 day cycle projection but if this just hangs around here for a few hours, we’ll be looking 4235-40.
The ES S&P fucutures have been attacking resistance at 4210 throughout the night and into mid day here in Europe, early AM in the US. They look poised for a breakout. That would make the next target the rising channel line running 4230-4235 over th…
The 6 month cycle projection of 36,000 has been reached. Our focus is now on very short term cycle projections. The 5 day cycle projection…
Originally posted at Capitalstool, where we take a bottoms up approach to Wall Street. Bulls won the screens yesterday with 22 swing trade buy signals…
No, I’m not talking about being replaced by cryptonite currencies and MTA tokens, good only on the E, F, and T lines. I’m talking about this.
A move below 4179 or above 4196 should trigger something beyond this plodding, lumbering, leaf eat…
With the 6 month cycle projection of 36,000 in the rear view mirror we now focus on very short term cycle projections. The 5 day…