The only visible cycle in the hourly chart of the ES, 24 hour S&P futures is on a one day basis. The 3 and 5 day cycles are in trending mode, although a flat down phase would be in order for today. Boring.
4648 is an old spport level. The cen…
It feels like this rally will never end. It’s not moving much, but the direction is still up. And yesterday the ES 24 hour S&P futures hourly chart broke free of a major resistance level, which means that it is now spport. And there’s not much over…
There was a jailbreak in the market on Friday, but this morning, the inmates are trying to get back in for a nice breakfast. Whether they try to run again after breakfast, we’ll just have to see.
The key level to watch on the ES, 24 hour S&P …
And how did the bond market like the news?
It didn’t.
To correlate, or not to correlate, that is the question.
Originally posted at Capitalstool. My daily swing trade screens of roughly 1300 actively traded stocks trading above $6 did not make a third day in…
Two pictures are worth a thousand words. Ladies and germs, I present two perspectives on the hourly ES, 24 hour S&P 500 fucutures covering the past 2 1/2 weeks.
I report, you decide.
Perspective number one.
Perspective numbe…
Got your attention?
Does anybody really give a damn about it anymore? Or are we living in the past in this Crypto Age?
Gold Got There Fast But Race is Over
Meanwhile, the rangebound slop in stocks goes on and on.
I don’t like it,…
Yep, closed out a good month and off to a great start in December with an average theoretical gain of 11.9% on an average holding period of 24 calendar days on current chart picks. Reverses a couple shitty months in September and October. Swing Trade …
And the Christmas goose is in the oven.
Meanwhile, I noticed something interesting this morning. Over the past year, the EUR/USD tends to lead intermediate turns in US stocks by a week or two. We got something here?
This is a daily chart of …