Equal height trend channels have been really helpful to us through the years in identifying support, resistance, and price targets on the intraday movements of the S&P 500 and, more recently, the ES futures.
Today’s Fed QE
Term and Type: 20-Year Bond
High Yield: 1.920%
Last week’s signs of a potential early 13 week cycle low have dissipated. There’s a new price projection for the cycle low. It has implications…
Last week’s signs of a potential early 13 week cycle low have dissipated. There’s a new price projection for the cycle low. It has implications for the longer term.
Texas was hit by a deadly winter storm this week that brought historic snowfalls and freezing temperatures that battered its power grid, leaving millions of people shivering in the darkness. Around 60 percent of homes in the state rely on electricity f…
Got youses attention, did I?
Does seem like we are IN THE BEGINNING of the unfolding of the catastrophic scenario that I have been forecasting to begin once the 10 year vaulted past 1%.
But for today, the 5 day cycle projection is only 3912…
A deadly winter storm has led to an unprecedented level of snowfall and record-breaking low temperatures that have paralyzed much of Texas. The unusual weather conditions were caused by changes in the jetstream that ushered in Arctic air across much of…
Today’s Fed QE
The U.S. stock market continues to set new meteoric highs despite an ongoing global pandemic and staggering unemployment rate. Analysts are watching out for signs of an upcoming market correction, especially with much of the stock market seemingly tied…