The ES 24 hour S&P futures have shifted into trending mode in all of the time frames that we watch on this thread. There’s neither a 5 day or 2-3 day cycle projection. Both have been surpassed and there’s not enough wave amplitude for any downside …
France’s snap legislative election on Sunday 7 July 2024 has resulted in a hung parliament, with no majority and instead will be shaped by three main political blocs. With 180 seats, the left-wing New Popular Front coalition unexpectedly became the lea…
As the Northern Hemisphere’s summer holiday season is in full swing, millions of tourists are heading towards Southern Europe to spend their summer vacation on the pristine beaches the region has to offer. With Covid-19 no longer a concern for most tra…
This morning the ES has reached a 5 day cycle projection of 5570. But it needs to drop below 5555 to break the uptrend.
For a second straight week, more than half the stocks in the market generated short-term signals on Friday. 350 short term buy signals and 390…
The market shifted into trending mode last week when it looked set up for a short-term down phase. The advance could become open ended, with…
Withholding tax collections were strong in June. The US economy shows no sign of slowing. More importantly, strong revenue growth has restrained the growth of…
Here’s why there’s no reason to think that resolution of the narrow trading range is imminent, but that when it finally does resolve it won’t…
Macro liquidity is drying up, according to the banking indicators and other monetary data that we follow. It’s not just one thing. It’s everything. Money…
I started my summer of travel off on the wrong foot. I arrived just fine at my initial destination in Lyon, France, a wonderful City that I have visited many times. But, oops, I left my power adapter on the train. So I have a few hours of battery power…