The ES 24 hour S&P futures broke out at 3 AM ET, making a new rally high and implying even higher levels to come. Much higher.
But we concern ourselves only with the mundane day to day here with particular focus on the ES hou…
Gold is in a delicate spot after pulling back to trend support around xxxx. Breaking this area would put the latest 13-week cycle projection of…
Would you buy it here? 9 month cycle projection looks 46,000ish.
On the ES, 24 hour S&P futures hourly chart, the uptrend channel is fully intact with the market coming off the trendline here in the premarket around 6 AM ET. That line i…
My picks are starting off the new year on the wrong foot, but I want to give them a bit more rope before concluding that…
Our proprietary double secret sentiment indicator has gone to a strong sell signal for day trading purposes today. Whether that translates into more than that, see Nothing is Broken.
All kidding aside, whether it is even correct in the short run …
Approaching 7 AM ET, the ES 24 hour futures were just 2 points below the intraday low of December 20, 2023. That low was broken last week to create a nice big top pattern with a measured move projection of around 4595. But then the market had an immac…
At least not yet. Here’s what to expect until something breaks, and what to expect when it does. Non subscribers click here to access. Technical Trader…
The ES, 24 hour S&P futures have now broken down from a top pattern with a conventional measured move implication of 4595. However, the 2-3 day cycle projection only points to 4665. That’s also a minor short run. In the very short run, I’d look for…
The mainstream holds the Fed is busy planning a return to the glory days of zero interest rates, but ZIRP is on the downside of the S-Curve; it’s done, gone, history.
xxxx is a support level but breaking it wouldn’t be catastrophic. Holding at that level would enhance bullish potential. Breaking the next projected support level…