And there you have it.
Of course we’re talking about very short term targets here in this thread. Go here for the pig bicture.
And with each new day comes a new target. However, in this case, the market has been trending in such a narrow…
And then there are double tops. Some hold. Some don’t.
Today, in the very short run, the trick will be in the pullback. The market is in trending mode, so the first question will be whether there will be a pullback or not. Question 1a will be, if…
Broadly speaking, not so much yet. I’m avoiding shorting for sure, but here’s what else we need to put more than a few long toes…
The Powell Fed today confronts a historic dilemma. And it is uncomfortably reminiscent of how Federal Reserve officials faced in 1929 a confluence of a weakening economy, a fragile banking system, and a crazy stock market speculative Bubble.
The game has changed and there’s not even a pitch clock. But there is a bond market loss clock. Right now, it’s on a timeout.…
After a Manhattan grand jury handed down an indictment Thursday night, former President Donald Trump is now facing 30 fraud counts. CNN reports that Trump is expected to appear in court Tuesday. The Manhattan District Attorney’s office has been leading…
The adoption and openness to electric cars vary significantly between states in the United States. While some states appear to be embracing EVs in large numbers as the future of transportation, others states are home to large majorities seemingly still…
I look at this hourly chart of the ES, 24 hour S&P futures, and the uptrend looks spent. But the 5 day cycle projection has risen to 4080. And there’s clearance to 4072, the next resistance trendline. In addition, so far it is holding above the dow…
All signs point to gold entering a consolidation phase that could last xxxxxxxxx. The 13-17 week cycle projection has dropped to xxxxxx which xxxxx xxxx…
Ever since the weekend massacre that resulted in the shutdown of two big banks and bailout of those depositors, stocks have been in a relentless uptrend. On the ES, 24 hour S&P futures charts, that uptrend now has 2-3 day and 5 day cycle projection…