I think that it is safe to predict that today is Monday. Therefore, being the first day of the business week in the Western World, we will start with a look at the 4 hour bars of the ES, S&P 500 fugutures, for perspective. It probably bears remindi…
The last 5 day cycle projection I posted yesterday for the ES S&P 500 fugutures was 4690. Updating that this morning, it’s back to 4685, which is being tagged as we speak here at 5:30 AM in New York.
Are they done here?
I doubt it. The …
The Fed’s “taper” announcement was actually just a signpost on the stairway to heaven.
The 5 day cycle projection on the ES S&P 500 fugitures is now 4685. But the chart shows trend resistance at 4670 and 4700. The market always likes round nu…
This market is nothing if not dull. Never short a dull market, right? I’m not so sure about that. I’ve seen dull markets melt down.
This one, we’ll just have to watch the keys. The first is at ES 4527. That’s current trend support at 7:00 AM in N…
Yes, but did the French plan it this way? And would the Brits come to their rescue today?
These are the salient questions, as the forces of evil prepare to mount another end around through Belgium.
Who are the forces of evil, you say?…
All’s quiet on Crypton. Buttcoin is consolidating nicely, in preparation for the next squeeze to ignite a pop. The bullish pattern remains in consolidation headed…
If you did not know, now you do. I use the 4 hour bar chart of the ES, S&P 500 fucutures to illustrate.
What was one resistance is not a sport level.
We downshit to 1 hour bars as usual. It shows that the 5 day cycle projection is…
Meanwhile, out on Crypton, we see BTC (Buttcoin) having its usual 4% per day move. It has a new bull and bear market every 10…
Right.
So for perspective I thought I’d give you the 4,2,1 look on the ES, the S&P 500 fucutures. That’s the 4 hour bar chart first, then the 2 hour, then the one hour.
The Bear Maginot Line today is at 4600. You know what happened to t…
Yesterday as we were defarting for the evening, I noted that ES fucutures were probably headed for that sport line at 4554. They exploded through that level by a full point! Then it stopped, reloaded, and tried and failed again. Now the 5 day cycle pro…