The price has broken out of a tight 3 week reverse head and shoulders. The implied measured move target is only xxxx. Cyclicality would be…
The pattern on the hourly chart of the ES, S&P 24 hour futures actually remains bullish. On the other hand, the 5 day cycle projection was 4035 and that was exceeded. So we’ll see if that headline holds up.
I’ll be back after posting th…
FEEDSince the market bottomed on June 16th, the /ES has gone up hundreds of points (well over 300) and the Dow Industrials is up thousands. There has been an enormous change in sentiment, with the consensus being that the brief bear market (if you want…
Systemic corruption on this vast scale optimizes failure and collapse.
This year’s edition of ‘The World’s 50 Best Restaurants’ by publishing group William Reed Business Media has just been released. The ranking is one of the most highly anticipated events of the culinary calendar. The so-called “Oscars of gastronomy” hav…
With inflation at the highest level since 1981 and wages not keeping pace, many Americans are struggling to make ends meet. And while a fresh poll from Morning Consult and Yahoo Finance shows that two thirds of U.S. adults are confident that they’ll be…
According to calculations by Our World in Data, 61 percent of the world population has received two doses of one of the several coronavirus vaccines available on the market. The gap between low and upper middle income countries, in particular, seems un…
Sales of new single-family houses in the U.S. dropped to a two-year low in June, as potential home buyers face a glut of unfavorable conditions. According to figures jointly released by the U.S. Census Bureau and the U.S. Department of Housing and Urba…
For the story behind that headline, see:
The Bond Rally That Fooled The Majority And Didn’t Help Dealers
Meanwhile, check out the dreaded Codpiece Pattern, on the hourly chart of the ES continuous 24 hour S&P fugutures. Truly frightening …
As you may know, I recently moved to Nice, France, purchased an apartment, and began renovations. I’m living and working in a construction site, and…