It’s around 4475 on the ES, S&P 500 futures. I’ll be back later with more.
That’s right, the 3 day uptrend faces another test in the early going here. During the 5 to 6 AM hour in New York, the number to watch will be 4377 on the ES, S&P futures. If that holds, then the market could be in trending mode in these very short…
The 5 day cycle projection on the ES, S&P futures rose to 4385-4405 due to yesterday’s rally. To get there they would need to clear resistance at the trendline from the January peak. That’s at 4375 as of 5-6 AM in New York. Here’s the 5 hr bars loo…
The purple line is the Fed’s System Open Market Account, in other words, its securities holdings. You see the Fed’s balance sheet normalization 2017-19, and then the return to massive QE in late 2019.
Yardi Matrix says February national average multifamily rent inflation was 15.3% y/y, 0.6% m/m. They survey thousands of rental communities in 140 US markets. These…
Originally posted by Jimbo at Capitalstool. LME VIX ET AL …… The house makes the rules. When you make the rules. Losing is optional. Heads…
This is not the end of the top. Nor is it the beginning of the top. But it is the beginning of the beginning of the top. We know that because on the hourly chart of the ES, S&P 500 futures, the hourly cycle indicators for the 5 day cycle are at pea…
This looks like a 5 day cycle low on the ES, S&P 500 futures. The cycle projection of 4145 was hit, and the time is right. They’re trying to make a stand, while waiting for Lord Jaysus to take us up in the rapture. Although more likely, we’re going…
The repetition of this pattern borders on shocking. Here again is the 5 hour bar chart of the ES S&P 500 futures showing the 3 faces and their connecting declines. Are we about to witness a repeat? Or is this time different?
Switching to…
You gotta hand it to the bulls. They don’t quit. Although I’m not sure that it’s the bulls driving these rallies. More likely, chicken shorts. I mean… you can’t blame them for having weak hands, after being burned so so many times over the past dozen…