The market has settled into a range over the past 2 days, but it’s due for a nominal 3-5 day cycle low today. That cycle has recently shown a tendency toward a 4 day duration. The setup calls for another liftoff, but there’s a chance of a bear takeover…
5 day cycle projection now 5950.
No sign of an end to this yet. Although 5 day cycle projection 5840-5870. We’re in the ballpark.
No sign of an end to this yet. Although 5 day cycle projection 5840-5870. We’re in the ballpark.
Create a problem and then cower away from it when the other side calls your bluff. Result, markets soar around the world. Look like a genius and savior.
Let’s see how long this Kabuki theater works.
The Art of the DOAD
AI …
As long as it’s above 5646, the trend is still up.
The 5 day cycle projection is 5730. It fell a little shy of that yesterday.
Meanwhile, get ready:
U.S. Treasury Supply Update and Debt Ceiling Analysis: The Art of the DOAD
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Review of May 8 Treasury Supply Report by Lee Adler This report stands out for one reason: Adler identifies what most overlook—and names it with…
Whaddya think of that?
The hourly oscillators on the 24 hour S&P futures have been trending toward zero, and have settled in at that level over the past several hours.
For the few medical students here, that drip drip you hear may be the sound of anal probe insertion. Beware the sudden release of loose stools. Keep goggles and facemasks tight and stand to the side. The probe has already quietly broken a Series of ris…