This is really bizarre. Bulls won yesterday’s screen game by 32 to 15. This compares with Monday’s 27 to 8 bull win, which came on top of a 153 to 6 bull stampede on Friday, which suggested a new bull swing phase.
The 5 day total is 252 buys to 86 sells, a spread of +166. That’s up from +144 yesterday.
And yet the market slides.
As an American living in Europe, and earning my keep in USD, I have an abiding personal interest, currently a terror, in the EUR/USD exchange rate.
I have suffered 13% inflation since I arrived in Europe 18 months ago, thanks to our glorious Fed policy of printing money out the ass until it bleeds. Make no mistake, this is their intent.
Originally posted at Capitalstool. Here’s today’s buttcoin watch. Yesterday I had a cycle projection of 39-40k. We’re there. It’s also the 200 day MA. A…
I freely admit to not understanding what’s happening here in the market within my analytical framework. Is it just a short term anomaly? Or is something going on beneath the surface, beyond the view of the liquidity and technical data that I watch. Cle…
Originally posted at Capitalstool. Bulls won yesterday’s screen game by 27 to 8. One of the short term sell signals was an inverse ETF, so that…
Originally posted at Capitalstool. Current bitcoin projection 39,000-40,000.
When I first started doing MACD charts in Metastock on an Apple 2e computer in 1982, I thought that negative divergences between oscillating indicators and the market averages were the be-all, and end-all in TA.
Truth is, they’re meaningless. We …
Well I just filed my tax return. Phew!
Meanwhile, the market is taking a breather. 5 day cycle indicators are headed down but the index is only going sideways. That’s typically bullish. There’s still an unmet 5 day cycle projection of 4200 and in …
There’s no excuse for not knowing. This information is all published in advance. I track it, consolidate it, chart it, and publish it weeks ahead of the fact. We knew that a big cash bulge was coming this week and next.
Bulls won yesterday’s screen game by the uninspired score of 34 to 15, short term buys to sells, a spread of +21. In Wednesday’s crash,…