Maybe they’re finally going to break out of this range. If they do, we’d be looking at a 5 day cycle projection of 4465.
At least.
It’s also trend resistance.
No doubt, breaking through 4430 would trigger a bot stampede. Question is ho…
I’m rushing to complete a report on this for Liquidity Trader, and will post within the hour.
This is a very important report and if you want to stay ahead of the Street, you’ll need to read it. Because it will be weeks before they wake up to wha…
Businesses are sitting on record amounts of unused credit from U.S. banks, which could help unleash spending. Tweeted Bloomberg’s very capable Lisa Abramowicz this morning.…
With the S&P 500 futures having traded in a range of less than 1% for the past 8 sessions, the New York Stock Exchanged announced today that it would only open twice a month for price fixing operations. Daily trading, particularly 24 hour trading a…
Wall Street
I got nuttin. Obviously.
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Yep, the bulls are running again. As of 5:30 AM ET, they’re near another breakout. The 5 day cycle projection says its coming. The projection is 4448-50. Trend resistance projects a couple points lower than that, but they usually punch through a little…
Here we go again. Another false breakout. Another plunge to the bottom of the range. We’ve seen this act before. It has all the earmarks of another developing megaphone pattern. Back in the old days, we called these patterns “broadening tops” because t…
They’ve been threatening to do it for two years, and finally pulled the trigger. The Fed’s captured media barely gave it lip service, with a…
With each FOMC press conference bull session, Jaysus H. Powell reminds me more and more of the Wizard of Oz.
If you want to retain your sanity, as well as profit from all the lever pulling, smoke and mirrors, by gosh, ignore the bastard and just p…
That is, if they clear 4400
With a 30 minute lag this chart doesn’t show it yet, but as of 4 AM in Noo Jork, and 10 AM in Madrid, Paris, Frankfurt, and Warsaw, go figure, it’s there. Now they just need to push it until NY gets into the action.
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