Who cares about stocks when you can watch the excitement up at Cape Wall Street where the launchpad is complete and the countdown is under way for the spaceship US Treasury Market as it heads for edge of the solar system and the outer limits of the Mil…
A long, long time ago, on December 29, 2021, a day that will live in famy, I wrote the following: So about this 38,000 point…
Tom Bodrovics interviewed me on Palisades Gold Radio last week. Tom did a fantastic job of leading me through the interview. Believe me, that took…
I don’t know how else to say this but,
Meanwhile, the big picture.
When Boring Isn’t Bullish – Gold
It’s The Most Blunderful Time of the Year
Wheels Are Moving in Slow Motion for the Top
The Rigor Morti…
They did it in the pre market. The ES fugutures broke out of a launchpad pattern at the top of the meggerphony. But just as quickly, they pulled back to the breakout. Nothing to see here. Yet. That’s normal for a breakout. I think we’d need to see some…
The party rocks on. The 5 day cycle projection is 4813. Back to the highs.
If it clears that, we hunt for the top of the megaphony at 4834. Happy New Year, bulls. Bears, not so much. Wait till summer.
Meanwhile, the big picture…
The ES stretched support at 4760 and bounced back, but is now in the process of testing as of 6:40 AM in New York. Resistance is suggested to 4796 and 4802 around the NY open, and is well established at 4808. In between 4760 and 4808 is the great nothi…
I thought I’d never say this, but the market is trying to break out again.
Actually I didn’t think I’d never say it, but I thought I try not trying to say what I didn’t say that I’d never thought would happen.
The point, I guess, is that th…
So about this 38,000 point trading range on Buttcoin (BTC). Consolidation or Top? First, before I tell you the answer, I want to say this about…
Back in the old days, we used to call the pattern currently evident on the hourly chart of the ES (S&P Futures), Broadening Tops. Not any more. Now they are popularly known as megaphones. In recent years, they have always broken out to the upside. …