That it’s 4648 to 4667. Those are the numbers to beat on the ES, S&P fugutures this morning. Anything within that box is meaningless. A breakout either way should be a signal for a bigger movement.
Given that the 5 day cycle up phase is…
Why did the market bounce where it did? Why, the green line, of course. Eventually, one of the green lines holds. The trick is to guess which one.
And of course, we must contend with the red lines on the way back up. And there are two directly ov…
They always tell us that monetary policy works with a lag. Who am I to argue. They’re the experts. The purple line is total Fed…
From the Department of Buttcoin Pops. AKA if you don’t own it, it hurts. Even if it is a pus filled butt boil. I have…
That’s the number to beat to break out of this horrendous downtrend that is killing stock values. Woe is me.
This looks oddly familiar. Where have I seen this before?
This is just for intrepid day traders.
For more on the big pic…
In the search for truth, justice, and the American way, I present the Flag of the Federal Reserve State of America. God Bless Lord Jaysus, who saves us. AY MEN!
Dare I guess that this will break out to the upside, and that the next target would t…
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…