Cycle projections suggest that gold has reached most of its potential for this move, but there’s clearance for a bigger move. Here’s what to expect…
Is makin me wait.
But I’m running late. Gotta get that Gold Trader report published.
I’ll be back.
Meanwhile, this speaks for itself.
Along with the headline.
For moron the markets, see:
Composite Liqu…
Composite liquidity is flat and will remain so until the Fed restarts QE. That should be bearish, but it’s not right now. There are a couple of reasons for that. And they are reasons to hold off from looking to get short right now. But are they reason enough to go long? Here’s the answer.
We’ve had some confusion and angst lately about the direction of stock prices. Well let me say this about that. Let me be absolutely clear. The 1 day bars of the ES 24 hour S&P fucutures show us clearly over time exactly where the market has been. …
The bulls tried again to punch it through the long term trendline from the January 2022 market high, and failed. That does not mean that they are done trying. Today is day 4 of the usual 5 day trading cycle. If they continue to slop around near the tre…
A long night awaits for the bears.
Depending on the type of chart and time frame, on some, the downtrend from the early January 2022 high is broken. On the hourly chart of the ES, 24 hour S&P fucutures, they broke it during the day yesterday …
The small list for last week started with two closeouts on Monday and one hold, resulting in an average net gain of 1.6% on an…
The market’s little pullback last week didn’t break anything. The short term trend is in apparent consolidation while the intermediate term still looks to be…
One two three two three says it all.
Today’s the day of the dance.
Lately we’ve been on a dancefloor of 3900-4000. And this morning, we’re stuck in the middle with you.
Hardly a sign of movement.
Still, a 5 day cycle projection …
It’s dreadful, but the hourly oscillators on the ES 24 hour S&P futures got buried at the same levels where the market has subsequently made short term lows within 2-4 days, not too much lower than the first low.
Take that for what it’s worth…