I have set this hourly chart of the ES, S&P 500 24 hour fuguetures, so that you can see the long term trendline extension from the January top through a couple of peaks on the way down. I’ll give an overview of that, along with big picture implicat…
He really gave it to the bears yesterday. I’m laughing because I had no idea this was coming, but I spent the morning updating my trading alerts. Multiple buys were triggered as soon as the text of his comments hit the tape. All my shorts got covered, …
That the market likes so much. I have no idea.
I’m running late this morning, trying to finish a Liquidity Trader update that should have been posted yesterday.
I’ll be back.
For moron the markets, see:
Swing Trade Scree…
Can you tell where it is from this chart?
Meanwhile, here’s our semi regular Cryptocalypse update.
Daily
Weekly
And the Fed still hasn’t raised interest rates.
For moron the markets, see:
…
Swing Trade Screen Picks – Read My Lips, No New Longs (A Few More Shorts) November 28, 2022
We’ll see how long that lasts.
Meanwhile, back at the daycare, today’s pullback has broken a weird looking top pattern on the hourly ES, 24 hour S&…
I am so proud of the fack that the term Black Friday was coined by my Phillufya Pleece in the 1940s as a term of endearment for the crowds of shoppers that descended upon Center City on the day after Tanks Giving. Not for all the good reasons that CNBC…
OK so it isn’t back. But it is up something like 850. On the chart, it’s barely a dead cat bounce. Will this apparent bottom stick. Show me. The first test will be to clear 17,000. Failing that, there’s still a short term cycle projection of 15,000, th…
It was 60 years ago, during the Cuban Missile Crisis when I felt my first loss of innocence, and became acutely aware that the world was not a safe place, that terrible things could happen, from which mom and dad could not protect me.
The second t…
The crypto crappocollapse continues to target much lower levels. Short term target 13,500 Longer term target, still 5000 below zero.
Stock Market Is Grinding Through Resistance –
The question is whether resistance or upside momentum will win. The answer will come this week. Here are the directional signals.
Technical Trader subscribers click here to download the complete r…