The market kept accelerating out of trend channels yesterday. That’s crash behavior. In this case, a crash-up.
3815 around 1 PM ET.
At least that’s the 5 day cycle projection. For the big picture, see
The Composite Liquidity Indicator (CLI) Says Honor Thy Father and Thy Mother
Lots of Signals, Mostly Sells, Means Good Shorts Ahead
According to quantum mechanics, a flushed turd can appear in two places simultaneously, based on the position of the observer. But the quantum philosopher asks, if there is no observer, does the turd exist? In the stock market, there are many observers…
Chilling.
Buy it? Or sell the rip?
The market appears to be early in a 5 day cycle up phase that began yesterday afternoon. So far, it is weak but it is working on breaking out of a downtrend channel, as of 4:30 AM New Yak time.
I guess we’ll find out.
Lindsay Williams interviewed me earlier today. I talk about the coup, and a stock that went up 1000% in 36 hours.
Even though I knew it was coming, and I warned about it here and elsewhere for the past couple of years, I’m having difficulty processing the Trump coup attempt.
I’m still not sure that it has failed. I’m not at all confident that things are under control, and that the US will have a functioning government.
It’s like somebody took a bite out of the middle of the thing this week.