But is it a road to nowhere. The ES 24 hour S&P futures hourly chart has formed a triangle since yesterday. It’s the epitome of indecision, but when the break out, the move is usually explosive, if not always long lived. Hourly cycle oscillators ar…
Check out the two hour bars on the ES. It’s a picture perfect high base breakout, the quintessence of an orderly advance. The breakout has a conventional measured move target of 5860. We’re Now Week to Week for this Bull
On the hourly chart…
As a former resident of Florida for 30 years, my thoughts will may cease to be viable for investment at all after this. I sold my property in the spring of 2022, but I take no pleasure in that. Millions of people will face hardship.
I had long wo…
The market pulled back to support, AGAIN, and bounced AGAIN. This bounce has triggered a 5 day cycle buy signal on hourly oscillators. However, the ES still needs to be above 5715 when NY opens to break the downtrend. If successful, then the next goal …
Here we go again. A minor pullback gets everybody all beared up. The pullback stops at support. A base pattern forms. Now on the cusp of a breakout.
Today’s another day of travel and limited connectivity for me. I’ll be back as often as possible….
Traveling today and not sure if I will have much connectivity so here’s a short early post to get things going. 5-day cycle projection 5670 almost done. And the pattern is looking bottomy. But if they take out 5675 with momentum, then the pattern would…
I feel like I missed something, or misinterpreted something yesterday. Today we’ll see. The bears are on the cusp of gaining control here. An hourly close below 5675 would complete a nice top pattern that measures to around 5600. Cracks Beneath the Sur…
Has been initiated. Will we have liftoff or failure? I don’t know about you, but I’m counting down. Swing Trade Screen Picks – Ignoring a Flood of Sell Signals
Bond market on the cusp of trend break or resumption. The Longer This Goes On, Th…
SInce Friday afternoon we’ve now had one lower high and a lower low in the ES 24 hour S&P futures. It’s an hourly basis bear market.
But the supercycle (long term trend of more than 2 days) is still bullish. The ES would need to end today bel…
Well, well, well, another little selloff hits support. Then…
Nothing.
Back to trend, square one.
You can see for yourself the number they need to break today to break the uptrend, and the next number needed to create even a short ter…
