The uptrend in the ES, 24 hour S&P futures remains intact. Prices crawled along the lower trendline overnight. That trendline rises from 5980 at 7 AM ET to 5995 at the NY close. The trend will remain intact, and the rise could accelerate, if it rem…
The hourly ES, 24 hour S&P futures, is trending toward the latest 5 day cycle projection of 6020. 6020 is also a conventional measured move target of the base breakout. Market Cycle Outlook: December Predictions Levels and Timing
At 6 AM, the …
The ES 24 hour S&P futures are headed for the point of an enlarged triangle, which has formed since a smaller triangle breakout fizzled. That point is around 5925, give or take, next Tuesday. The triangle lines converge there, starting from where t…
There’s a triangle pattern breakout on the ES 24 hour S&P futures this morning. Triangle breakouts are usually explosive, but may or may not see follow through after the initial bang. One indication that suggests this one might is that this looks l…
Just posted: Ponzi Much? Understanding Treasury Debt and Market Fragility
Meanwhile, on the hourly chart of the ES, 24 hour S&P futures, we have a megaphone. It’s shouting loud but not clear. The hourly cycle indicators are edging to the sell…
Last night’s pullback on the ES, 24 hour S&P futures, created a double bottom with a positive divergence on hourly oscillators. That’s a classic sign of a…
After a week of orgasmic buying, the stock market has just died, perhaps considering the deeper implications of what’s in store under the next US…
Originally posted at Capitalstool.com. Have a little fund. Catch up with my observations on the tape during the day. Every day the market has one…
First, we have new chart picks. And they swing both ways. No matter your preference, you too can be a wiener. So go ahead and hot dog it!
Swing Trade Screen Picks – More Buys and a Few Shorts- Link Corrected
On this morning’s chart of the…
A couple of new reports posted.
Here’s Why Lower Treasury Supply Ahead is Bullish or Super Bullish November 11, 2024
3-2-1 Liftoff November 10, 2024
Meanwhile, the bullishness persists on the hourly chart of the ES, 24 hour S&P…