While I think that yesterday was a warning shot across the bow, I’m voting twice in favor of it being yet another BTFD moment. I’ll take a deeper look at the big picture in this weekend’s Technical Trader, which you can try risk free for 90 days if you are not now nor have ever been a member of our party.
Meanwhile, here’s the view for today.
August, September… What’s the difference. At least we got the 5 day cycle projection and then some. Now waiting for the next.
Is it any wonder? 5 day cycle projection 3575.
The thread looked busy yesterday, but it really wasn’t. It was just me chain posting out of sheer frustration. I promised not to do it again today. But there’s stuff.
This is just too weird.
That’s the next S&P fucutures 5 day cycle projection in this perfect stairstep advance. It feels disorderly during the day, but trends don’t get much prettier than this on the charts.
Today’s scheduled purchase is an unusually large one for a single day. Here’s why, and why it could top out the market.
Excellent discussion last night after I had gone to bed. For those of you unaware I’m in Your Rope and it is 6 hours later here than back home in ETUS.
Term and Type: 1-Year 11-Month FRN
High Discount Margin: 0.055%
Total Tendered: $62,752,279,200
Total Accepted: $22,000,228,200
Really what else can you call a market that does this with 30 million unemployed, as many unable to pay rent or the mortgage, some starving, and thousands dying every week from a virus that the Regime keeps trying to cure with bullshit fake remedies.
Sickening.
But none of that matters. There’s only one thing that matters.
