And it is true that I have absolutely nothing intelligent to say about this. Perhaps you do, but I don’t.
I just can’t.
OK, let’s zoom into the 30 minute bars and see if it makes any more sense.
Well, no. But the 2-3 day and 5 day cycle projections are now both around 4260.
Bears won the swing trade screen game yesterday, with 31 sell signals vs. 17 buy signals. 5 of the buys were fixed income ETFs. 2 of the sells were fixed income inverse ETFs. My head hurts.
Let me say just say this about that. People buy fixed income today have big asspain in the Fall.
Yesterday I wrote that BTC had the makings of a pretty good intermediate swing bottom. All in all, this has the makings of a classic…
Well, if you can call 16 points a downtrend. And a 5 day cycle projection of 4215 was already hit overnight.
In the 5-6AM hour in NY is trend sport. 4222 is trend resistance. I’m not hopeful for a big move if either is broken. There …
Originally posted at Capitalstool. The swing trade screen game ended in a tie yesterday, with 20 buys and 20 sells. That compares with a 19-10…
I thought it would be a good time for a little TA. The downdraft has almost reached its 6 and 9 month cycle projections of…
OK. I got nuthin on this.
Here’s the 2 hour bars.
OK. To me, that looks bullish. Why? Because… ya know. You tell me!
30 minute bars
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Originally posted at Capitalstool. Bears won the screens again yesterday. That’s 4 of the last 6 won by the bears. There were just 10 swing trade buy signals…
Yes we do, don’t we, boys and girls? This chart tells us, and even prints the target for us at the top of the right side scale.