But I’m not worried any more. If the ES 24 hour S&P futures has an hourly close below 4505 this morning, then we can talk. For now, this looks like just another consolidation pending another breakout. Because the Fed’s slush RRP fund is working.
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The initial upside projection on the 13 week cycle has been hit but I don’t think that this is the last word. This report shows…
I’m adding 5 shorts to the list, against 3 buys. Swing trade stock screens produced 106 charts with multiple buy signals as of the last…
Or Baby Head and Shoulders.
Methinks it’s a wee bit too obvious as it has played out over the past couple of days on the ES, 24 hour S&P futures. The neckline is downsloping. The ES would need to have an hourly close below 4495 to then have a…
I keep looking for meaningful signs of weakness, but it’s like grasping at straws. Even Friday’s downtick didn’t change that. This report shows exactly why…
The private money and credit creation process and the resulting bull market in stocks is at loggerheads with the Fed’s policy of shrinking the balance…
Four days straight in July 2023 set or equaled global temperature records on average.
The last day and a half was supposed to be a 5 day cycle down phase. Well, actually it has been, but instead of going down, first it went up, then it went sideways. The hourly cycle oscillators are in fact mostly heading lower, but at very high absolut…
The rain has finally stopped here in Malmo, Sweden, so as soon as I finish my daily start routine here and on Wall Street Examiner, I am heading over to Copenhagen for the rest of the afternoon and evening.
The sun apparently is also shining on…
FEED……..and all the while, as the VIX cracks below 13, we have……….