The amount of Fed Not QE outstanding has reached a new record of $548 billion as of February 20. That number will continue to increase…
Stock Market Trading Setup for Friday, February 14, 2020 Hourly ES S&P 500 Futures Chart Setups don’t get much more ambiguous, and fraught with 2…
Stock Market Trading Setup for Thursday February 13, 2020 I have been beset with brainfarts lately. Must be old age settin in. Bad enough when…
The Great White shark is closing its jaws. Bears have been eaten and digested already. Now it’s the bulls’ turn. I’m not saying that the…
Kah PLOWY! That’s what they used to say in the funnies when I was a kid. Many of you reading this have no clue what…
This morning’s hourly chart of the ES futures looks a lot like yesterday’s. But boy is this thing pregnant. The question is, with what? A…
Look Out! Intraday Charts Are On the Brink – Stock Market Trading Setup for Friday, February 7, 2020
The Hurst 5 day cycle projection was at 3375 at the close in New York yesterday. We got a breakout above the old high, and…
Quiet morning here in Yurrop. S&P futures are up a mere dozen points, coming down from up 25. Nadsac fucutures are only up 30 some,…
S&P futures are surging again. Cornohaha VIrus is cured! Sell the news?
S&P futures are bonering. They hit support yesterday, and surprise, surprise, the dip buyers were out in force. Well, not a surprise actually if you recognize that the Fed pumping $100 billion a month into dealer trading accounts permanently tilts the playing field. Doesn’t mean that the market can’t go down, just that it probably won’t stay down for long.