But for how long, that is the question. Not to be or not to be. To be for how long, for not to be is our destiny.
The hourly chart of the ES, 24 hour futures doesn’t tell us about the long term. I’ll look at that and post something on it before M…
Apparently there’s a widespread belief on the Street that the Fed is at the top of its “rate cycle.” I don’t know if it is or not, and I don’t care. Rate setting is an irrelevant exercise for the market. The Fed sets its target rate based on money rate…
Then it effs you.
But maybe this time is different. Maybe this pattern on the hourly chart of the ES, S&P 24 hour futures is a launchpad. The uptrend channels remain intact as of 7:30 AM in New Yawk. For any material change in trend, the ES w…
What is he talking about? What excitement.
OK, so they took a breather yesterday, but excitement is coming. Trust me on that. I promise you. I just don’t know when, so it’s up to you to pay attention or you might miss it.
Meanwhile, I have …
First, I want to post this “little” Liquidity Trader update that I wrote over the weekend for you. It’s important. If you aren’t a subscriber, I sincerely invite you to try the service. If you have never subscribed, I’m still offering a 90 day risk fre…
Yes, my friends, it’s that time of the month again, and I’m working on some reports to splain things. They’ll be posted in Liquidity Trader within the next few hours.
Here our focus is on the nitty gritty of day to day trading, particularly with …
The market continues to ram relentlessly higher despite being as extended as it gets on the hourly chart of the ES, 24 hour S&P futures. The 5 day cycle projection has risen to 4285. A conventional measured move target of the earlier base breakout …
This crowd was so engrossed, it forgot give us this day our daily thread.
Going nowhere until the circus barker arrives on stage. Last Week I Warned of Market Crash Potential
Meanwhile, the 10 year Treasury has gone sideways since hitt…
The market waits with bated breath for the appearance of Jaysus. The excitement builds as the crowds gather below the Papal Balcony, on the third floor of the Eccles Building overlooking the crowded squares of Wall Street and Main Street.
It’s FOMC circus week. The elephants are entering the ring. We know what elephants do when they enter the ring, don’t we.
Ringmaster Jerry and the Ratemakers will put on quite a show, and the market will ooh and ahh. In preparation, the shorts are…