Despite the huge gains on Thursday there were only 39 charts which met all my buy side criteria in the screens, and 26 with meeting…
The ES 24 hour futures crossed the entire trading range overnight and has slightly breached the February 12 high. This is where it gets interesting. The 5 day cycle projection of 5065, suggests that the upside is all but done for now. But this isn’t th…
The hourly chart of the ES 24 hour S&P futures has broken the uptrend that began in early January, but the break doesn’t mean it’s over. As you know, it ain’t over till it’s over. Or until the fat lady sings. Neither has yet happened.
Meanwhi…
But how many of us are lip readers? So we’ll stick to the charts. For our purposes here, the chart of the day. That is the 24 hour ES, S&P futures, and looky looky. Not one, but count em, TWO red channels. If they break out of one, there’s a backup…
There are indications of top formation in the 6-month cycle and 6-8 week cycles. But projections suggest at least one more rally with new highs…
In last week’s report, we noted that “One of the key measures of animal spirits versus liquidity has reached an historic level of insanity that…
Gonna be interesting as they test the high. But alas the ES, 24 hour S&P fuguetures looked primed to break out. The 5 day cycle projection is around 5095. There’s no material negative divergence on the hourly oscillators. So, maybe pause at the hig…
Over the past two trading sessions there were 102 charts with a second buy signal on the week, and 192 with a second sell signal.…
Over the past two trading sessions there were 102 charts with a second buy signal on the week, and 192 with a second sell signal.…
The metal shows signs of a 13 week cycle bottom. While treading cautiously, there were two miner charts that I liked enough to add half…