The market moved sideways overnight. The ES, 24 hour futures have broken the sharper uptrend channel, but remain well within the next larger one. Hourly oscillators are on the sell side, correcting some as the futures went sideways.
This is typic…
The screens produced 29 charts with multiple buy signals as of the last two trading days. There were 25 charts with a second sell signal.…
I just thought I’d say that. I don’t know if it is or not. But it could be.
Any moment could be.
But this one maybe moreso. Take a look what is potenially two downtrends coming together here on the hourly chart of the ES, 24 hour S&P fu…
Happy Monday!
I’m posting short and early as I wait for my train to Paris, where I’ll connect to a train to Rennes. I have enjoyed my week in Rouen, an unexpected surprise that was far better than I expected. It has shot right up to the top of my…
Bottoms tend to be ambiguous until the initial thrust off the low. This one is no exception. Non subscribers click here to access. Technical…
Over at Intraday Chart Central, the ES 24 hour S&P futures are trying to form a 5 day cycle low. If they get to 4400 by this afternoon, that would tend to confirm.
Otherwise, we’re still looking at a 5 day cycle projection of 4445 or fight.
…
Short term cycles have bottomed and there are hints of a bottom in the xxxx month cycle. A daily close above xxxx would tend to…
Here’s Why This Is a No Clickbait Market for Primary Dealers. Meanwhile, on the hourly chart of the ES, 24 hour S&P 5oo futures,…
Please feel free to carry on with your late summer vacation. So what if the kids go back to school. Why should you have to…
So here we are. Another do or die moment for bears. If the ES, 24 hour S&P futures clear 4418, we can go back to hibernation. Bulls will stampede again. On the other hand, if 4418 holds, bears have a shot. Of course, they would immediately face ano…