There it is. Bullish.
No… wait.
Maybe bearish?
We’ll know today. For starters the 2-3 day cycle projection points to 4420-4445. The 5 day cycle projection also points to 4445. So the projections say, breakout ahead.
The key re…
The 2-3 day cycle projection is 4245. 5 day is 4220.
4280 and 4270 are critical sport levels.
Get the big picture in your inbox every weekend.
If you are a new visitor to the Stool, please register and join in!…
Get the big picture in your inbox every weekend.
My weekend has started. I’m at Dworzec Centralny w Warszawie, waiting for a train for a little weekend road trip to Krakow. I will post more once I get situated in my train in about 30 minutes.
The ES fucutures edged through the top of the 5 day downtrend channel at around 2 AM this morning New York Time, but they didn’t get far. They ran into resistance at the 38.2 fiber nacho line of the previous decline. As of 4:45 AM ET, the futures are b…
The market is rebounding today, with a big jump off the floor, after the bears’ in and out rim shot yesterday. They had a shot to win at the buzzer, but couldn’t sink it. Bulls got the rebound and are running the floor this morning.
If you’re int…
And so are my charts. Investing.com is offline in a web browser, although I can still get it on my phone. So I’ll grab a screenshot from that. From my eyeball, it looks like a 5 day cycle projection of 4400 has been hit.
As soon as the charts are…
The ES fucutures made a new high for the current 5 day rally over night, but it has since pulled back. The hourly oscillators have made nice negative divergences. Not that there’s anything wrong with that. Usually its just the market jerking off the be…
The market peaked yesterday afternoon around 2 PM at 4458 on the ES S&P futures. In the short short run, it was a higher high. But in the longer short run, since the September 6 high, it was a lower high.
So is the short term trend bullish or…
After watching and reacting to yesterday’s Paramount Cavalcade of Lies Performance in real time, what else can I say?
