Electricity went out in my neighborhood where I’m currently staying in Warsaw this morning your time. It’s been about 2 hours and the power just came back on. But apparently the neighborhood internet infrastructure is also down. I’m getting DNS errors….
What else can you ask for. It’s dull, it’s boring. It’s super market! Where’s the white bread aisle. Swing Trade Screen Picks – We Caught the Turn
Need an hourly close below 5592 to break the uptrend, and below 5584 to create a minimalist top patt…
Good morning, America, how are you?
Well, yes. I discussed it in the latest report. Nothing But Air I also earlier had the caveat that a vicious second wind rally was a possibility. That has played out. Then last week when so many buys came up…
The ES needs to be below 5562 at the NY open, and 5575 at the close to break the current iteration of the uptrend. That’s just to break the proximate trend, not to signal a top, let alone a downside reversal. First things first.
Failing that, it …
So I looked at my phone this morning and I saw that the market was pulling back. Opened my computer to give you the usual morning update and this is what I saw.
I wondered if it was a sign. So I waited.
And I waited some more.
A…
Yes, that’s right stocks fans. They’re lined up at the starting gate ready to run again. The 5 day cycle projection on the ES now looks 5475-85. The first support line rises to 5470 at the New York close. They gotta break that to begin to break the upt…
Today, I’m on a train again, sort of like the market. Chugga chugga choo choo. I’ll check in when connections are available.
I will also work on a Liquidity Trader Money Trends update. On the Treasury supply front at least, there’s nothing to stop…
The ES futures made a new rally high at 3 AM ET, then pulled back. The high was accompanied by a negative divergence in hourly oscillators. However, that isn’t always meaningful. It would only be so if both the market averages and the indicators break …
Yes it ticks me off. I had been warning about the buildup of leverage for months. Now that the inevitable unwinding has begun we’re starting to see the usual after the fact explanations. Where were the @WSJ and @CNBC when these problems were building u…
The ES 24 hour S&P futures tried to break out in the early pre market. They did for a bit, but that was it. Now they’re on the verge of a 5 day cycle rollover, and break of the uptrend, as of 8:35 AM ET. The number to watch in the opening half hour…