The ES 24 hour S&P futures hit their 2-3 day cycle projection of 5105 overnight and promptly got whacked. But lest you, my bear friends, get too emboldened, the pattern will still be bullish, unless and until they break spport lines at 5080, 5075, …
Yesterday, I speculated that the ES, 24 hour S&P futures might trade in a 5050-80 range. That’s pretty much what has happened in the past 24 hours with the exception of a brief foray a few points above 5080. So far, this looks like a benign consoli…
The action of the last two days in the ES, 24 hour S&P futures, looks like an orderly consolidation so far. There’s still a 5 day cycle projection of 5050 hanging out there, and a cycle low isn’t ideally due until Wednesday. That said, the hourly o…
Neither the Fed’s weekly real time balance sheet data, nor its slightly lagged data on the condition of the US banking system yet shows any…
That’s right, former bears. Today is the day you either come back to life, or remain zombies consigned to market purgatory, wandering aimlessly in the desert, bereft of leadership, or hope, or reason. Praise Jaysus.
And so, we turn to the hourly …
If the rally doesn’t stop right here, it will head for multiple targets over the next few months. Here are those targets and ideal timing. Non…
Nvidia reported earnings last week and they were, to be sober about it, incredible. The question for anyone who owns the stock or is considering owning it, is not what did it do in the past but, rather, what might it do in the future.
The 13-week cycle appears to have turned up, and other factors look potentially bullish, but with an extreme degree of risk. Here’s what needs to…
“Terminal Phase Excess” dynamics create great analytical and policy dilemmas. It’s likely that the Fed will be viewed as having waited too long to begin easing policy.
Just an epic breakout yesterday. To da moon Alice. But what if you didn’t buy and hold the Magnificent Seven.
Swing Trade Screen Picks – What Happens When Not Holding the Mag Seven
LEE ADLER 2 – TECHNICAL TRADER FEBRUARY 23, 2024
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