And the Christmas goose is in the oven.
Meanwhile, I noticed something interesting this morning. Over the past year, the EUR/USD tends to lead intermediate turns in US stocks by a week or two. We got something here?
This is a daily chart of …
The Christmas goose is in the oven. Its temperature is rising, and it’s almost done. Be careful. If the holiday guests like this market goose…
Here we go again. Groundhog Day. The end of history. Over and over again they keep saying it’s the end. But I say they’re wrong. We’re just at the dawn of correction. For every season, there’s a reason. Blah blah.
Ah, the caca-phony of Wall Stree…
This market reminds me of Never Nowhere All At Once. Did you see that movie?
The pattern on the hourly chart of the ES, 24 hour S&P futures looks like it could be a top, but then we see that pattern of higher lows which makes me think that it…
Gold has made a beautiful high base breakout that has a conventional measured move target of around xxxx. The 9-12 month cycle now has a…
Yes, the ES 24 hour S&P futures have broken out here in the pre market. But the conventional measured move implication is only 4590, because the base is so shallow. That’s also the area of a couple of trend resistance lines in the first couple hou…
That’s the headline on the Technical Trader chart picks update that I will post shortly. Meanwhile, the hourly chart of the ES 24 hour S&P futures is flirting with breaking spport at 4539. If successful, the bears will have a toe hold for a big mov…
The screens still generated more buys than sell signals again over the past week but the advance is tiring. For the week ended Monday, there…
Cycle projections and time frames say that the rally isn’t done with us yet. The Qs are already on a high, but look like they…
The rally stalled last week. Not coincidentally, it did so when it hit an area of major resistance from a previous top. I have shown that area with a blue box on the hourly chart of the ES, 24 hour S&P futures.
2-3 and 5 day cycle lows are du…