Gold has been in trending mode. That may be coming to an end Non-subscribers click here for access. Subscribers, click here to download the report.…
Another triangle pattern has formed on the hourly chart of the 24 hour ES, S&P futures. The numbers to watch for signals are 5745 on the upside, and 5725 on the downside. Triangle breakouts are usually explosive, but there’s little reason to expect…
As Americans make the decision of what kind of government they want, the stock market also faces a major decision this week. Indications are mixed…
The Fed’s Strategic QE Reserve Slush Fund hit a new low yesterday. This is the opposite of usual end of month behavior when the thing usually spikes. Tick tock.
Record leverage including the use of Treasuries as repo collateral has created …
Primary Dealers were wrong about the Treasury market in September, and it has cost them. They reached a small net long position in their hedged…
I wrote that after the clothes yesterday. I was 5:51 PM ET, and 10:51 PM here and I had removed my day clothes and was in my feeties-in PJs.
Now, before you get two eggs cited, in this this thread we’re only talking about the next day or so. A…
On the hourly chart of the ES 24 hour S&P futures, I would propose a rule. If you see a range pattern like this, run away, run away. When the thing finally breaks out, wait for the return to the scene of the crime and then take a position. That’s n…
Current screens yielded 464 short-term buys and 459 short-term sells. Rangebound whipsaws continue to dominate the action. After applying long term trend structure and intermediate…
Wait.
They keep throwing shit against the barn door, and nothing is sticking.
This morning we have another triangle break on the ES 24 hour S&P futures. This time it’s to the downside, and so far, there’s no follow through. I hold to the…
-Market Broke for Second Wind
The ES 24 hour S&P futures approach the NY open this morning in the 5840s, where they’ve been most of the time for the past 10 days. But there sure has been a lot of sound and fury along the way.
With the ov…