On this, the 20th Anniversary of Capitalstool.com, the progenitor of the Wall Street Examiner and Liquidity Trader, I want to share a few thoughts with you. Please “bear” with me, and come along.
I sometimes am asked to give my opinion on the work of other analcysts and eConomists.
This speaks for itself.
Slight breakdown overnight, and then immediately back to the low side of the range. Yesterday’s rhythm was like atrial fibrillation. Next comes a stroke.
My takeaway is that there’s dark matter or dark energy …
We’ll get to the bottom of it.
We have arrived at that fork. Downtrend meets uptrend on the hourly chart of the ES fucutures here at 4:40 AM ET. Hourly oscillators have just edged to the sell side. The 5 day cycle projection still points to 3400 but multiple support lines loom 3425-…
That’s what came. You need to know what’s coming.
About 85% of the mass in the universe and 25% of its mass-energy is made up of dark matter. Dark energy is thought to account for 68% of the universe’s energy. NASA says, “More is unknown than is known. We know how much dark energy there is because we…
At 3:30 AM in New York, that is the question. S&P fucutures have recovered to Friday’s early trading range before the plunge. The downtrend line is under attack. Hourly oscillators are on the verge of turning up from their zero lines, which would b…
Is the ES hourly chart a mess today? Why, yes. Yes it is here at 6:15 AM ET.
The hourly indicators say bullish. The proof would be…
I put VRTX on the Technical Trader chart pick list on September 28. The chart had a near perfect low risk setup, and it continued to look promising right up until Wednesday October 14.
Shit happens. And it happens especially with biotechs. VRTX is a biotech. When a fuxxxxxx biotech company announces after hours something about a drug trial failure, or discontinuing a promising drug, it happens.
When it happens, it becomes patently obvious that the “promising” chart pattern wasn’t promising at all.
Seems the dragon has lost its wings. The 5 day cycle projection of 3445 has been hit however, so beware of dip buyers.