Measures of banking system and non bank liquidity have broken out to new highs. The market rallies remain well supported by adequate liquidity. There are…
As of September 16 closing prices, the list had an average gain of + 7.3% on an average holding period of 25 calendar days. That…
The Fed’s RRP slush fund is now down 90% from its peak levels reached in Q1 of 2023. This month $144 billion has been withdrawn. Soon, the money will be gone. Then what.
I have forecast the draining of this facility from the time QT began. The Fe…
Cycles now appear to be aligned to the upside just in time for the playoffs. . Non subscribers click here to access. Technical Trader subscribers click…
The ES has gone sideways since Friday’s close. All short term uptrend lines remain intact. Hourly indicators have rolled over a bit, but they’ve stayed in positive territory so far in the pre market. A little dip below 5617 could trigger sell signals a…
That’s the 5 day cycle projection on the ES. The ES would first need to clear a couple of resistance lines around 5620 today. The projection implies a test of the early September high of 5655. If it gets there today, I’d expect a battle royal. Otherwis…
Cycles appear to be back in gear to the upside with the 9-12 month cycle in xxxx xxxx. Resistance is indicated around xxxx. Trend should…
Primary Dealers remain modestly net xxxx the bond market, including both their securities portfolios and futures hedges. That’s a problem, considering not only what’s going…
As of September 9 closing prices, the list had an average gain of + 4.7% on an average holding period of 20 calendar days. That…
Last night we left off with a 2-3 day cycle projection of 5525 on the ES. Since then, there’s been a failure to launch, but all is not lost for the bulls yet. The 2-3 day cycle projection remains 5515 and there’s an incipient 5 day cycle projection of …