When all feels hopeless is usually when a bottom arrives. Right now feels semi hopeless. Maybe not a good thing.
Don’t ask.
We have a rebound. We know where the low is. By connecting lows and drawing a parallel line, we see a channel. So I named it. The Houston We Have a Problem Ship Channel. Our stock market space capsule was out there on its way to the mo…
Monetary policy can be implemented through outright purchases or sales of securities, which permanently changes the size of the Federal Reserve’s System Open Market Account (SOMA) portfolio.
Including 5 holdovers from last week, there are now 13 open picks on the list, all longs.
It ain’t exactly clear, but we have some parameters to watch this morning, that should tell us. Right now at 7:15 AM in New York, the ES is hanging from the lowest downtrending sport line. If they don’t climb back above 4375 in the next two hours, then…
Monetary policy can be implemented through outright purchases or sales of securities, which permanently changes the size of the Federal Reserve’s System Open Market Account (SOMA) portfolio.
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From a time perspective, the 10-12 month cycle ideally should be in a top phase. But it surpassed its last cycle projection of 4440 so it is probably in trending mode. Both the 6 month cycle and the 13 week cycles appear to be trending.
The already-wealthy and their minions are unprepared for the Smart Crowd opting out.
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