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. …
Today is a really big shoe for me.
Still working toward a 5 day cycle projection of 4755. But there’s a ton of resistance indicated 4745-50. If it doesn’t roll over there, next target would look like 4780-85.
Ciao!
Holiday Wishes and Publication Schedule
Get Ready …
I’m on a train back to Warsaw. There are about 100 passengers on this car. I took precautions.
The bulls are also well protected.
For now. 5 day cycle projection 4740-50.
But the time bomb goes
tick
…
Here He is.
Hallowed be his glorious name. US Treasury 10 Year Yield
Get Ready for a Slow Moving, but Perfect Storm
And for our usual focus on the intraday matters, the hourly ES chart still has a 5 day cycle projection of 4690. T…
Stay short?
Yes, it was a good night to be short. And a good week.
My chart picks crushed the market last week. Ended the week with 8 open picks with an …
You really need to get your tongue out of your cheek, Lee. And you should be above clickbait headlines. For what, 4 extra sets of eyeballs? SHAME! SHAME on you!
But boy to we live in interesting times. This morning I’ll be working on the latest …