This week I looked at the issue of bank capital and its relation to bond prices. This is another fly in the ointment that is…
We’ve had these periodic dips. Is this one different? In terms of today, not yet. The ES 24 hour S&P futures are testing spport at 5840-30. If that holds, then nothing has happened yet. If it breaks, then next stop would look like 5825. The initial…
There’s no sign of a top yet in the technical or cyclical data. Cycle projections point to more upside this year. This report shows exactly…
The ES 24 hour S&P futures pulled back to trend support 3 times in the last 36 hours. Apparently the third time is the charm.
I just made that up.
OK, not, but looking at this pattern, and seeing those hourly cycle oscillators turn up f…
Gold has gone into trending mode and our mining picks are swinging higher, so I a few more to the list that are just staring…
Market rallies continue to be supported by adequate liquidity, but there are chinks in the armor. Nothing outright says “Sell now,” but there are warning…
Nicely noted!
What should we make of this crazy pattern on the ES, 24 hour S&P futures? It looks a little bottomy, judging by the price pattern over the last several hours, and the action of the hourly oscillators. But there are no buy sig…
Current screens yielded 488 short-term buys and 174 short-term sells. After applying long term trend structure and intermediate term filters, there were 92 buys and…
This advance has been so orderly it feels like it could go on forever like this. Of course, it won’t but we’re here to consider today. And given the recent preponderance of a 4 day loop, it would seem that today would be corrective. In other words, sid…
Concurrent 3 and 5 day cycle highs are due this morning, but this move on the ES, 24 hour S&P futures looks like it’s getting a second wind. There’s a 2-3 day cycle projection of 5830, but using a 4 day duration suggests 5860. And the conventional …
