Well, they managed to escape the triangle pattern a millisecond before reaching the trickle point. But it was still too near it to generate any power, so here we languish. The ES, 24 hour S&P futures are still stuck near the middle of the range of …
Over the past two trading sessions there were 37 charts with a second buy signal on the week, and 174 with a second sell signal.…
The market is triangulating. As of 7:30 AM ET, the ES 24 hour S&P futures are riding the lower line of the pattern at 4936, inching toward an apex of 4940 as of the NY close. The closer it gets to that point without breaking one way or the other, t…
Only the Beginning
LEE ADLER 2 – TECHNICAL TRADER FEBRUARY 5, 2024
All signs point to the path of least resistance continuing to be to the upside including updated long-term cycle projections. Non subscribers click here to access.
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All signs point to the path of least resistance continuing to be to the upside including updated long-term cycle projections. Non subscribers click here to…
Withholding taxes rebounded in January, but they were still negative year to year in inflation adjusted terms, and barely positive in nominal terms. Non-subscribers, click…
Powell and FOMC’s thinking has gone through quite an evolution. Over recent months, the notion of “immaculate disinflation” has supplanted traditional analysis.
Whatever the Load said on Wednesday, the market changed its mind about it on Thursday.
But while it looked like a breakout, it really wasn’t. Yet.
As you can see on the ES 24 hour S&P futures, we have a megaphone pattern developing. Yes…
A possible 13-week cycle upturn here could finally get gold out of the doldrums but it would need to clear xxxx for the impetus to…
Yesterday, I guessed at a downtrend channel on the ES S&P 500 24 hour fuguetures chart, based on a double secret probation formula that I use from time to time, about which if I told you I would have to shoot you.
Anyway, it worked, and the m…