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…
US Economy Didn’t Crash in December?
LEE ADLER 1 – LIQUIDITY TRADER- MONEY TRENDS JANUARY 4, 2024
Yesterday I posted a report on the plunge in the withholding data. Non-subscribers, click here for access.
Subscribers, cli…
Yesterday I posted a report on the plunge in the withholding data. Non-subscribers, click here for access. Subscribers, click here to download the report. That…
Withholding taxes plunged in December. They are by far the largest component of Federal tax revenue. This was not an anomaly. It was a continuation…
In my last post before the holidays, I saw what I thought was the great idea of buying the lagging dogs. Based on yesterday’s market…