Last week we saw that the price to liquidity ratio measures suggested that the rally was in its end stage. The most recent data gives…
For the bears, that is. I pointed out last night that the market topped out on time but fell shy of hourly cycle projections. That’s usually a sign of weakness. This morning’s tape has borne that out. The ES, 24 hour S&P futures now have a 5 day cy…
Yes, my friends, we have a base breakout on the hourly chart of the ES, 24 hour S&P fuguetures. It has a conventional measured move target of 5615. At the same time, there’s a 5 day cycle projection of 5620-25. Trend spport is around 5555 this morn…
On Friday, 154 short term buy signals and 743 short-term sell signals triggered, out of the 1484 stocks that met minimum price and volume criteria.…
Well, yeah.
Politics and Markets Make Strange Bedfellows
LEE ADLER 2 – TECHNICAL TRADER JULY 21, 2024
Joe will go, but the market won’t go with him. Political events, no matter how much of a watershed they represent, do to …
Joe will go, but the market won’t go with him. Political events, no matter how much of a watershed they represent, do to cause trend…
Joe will go, but the market won’t go with him. Political events, no matter how much of a watershed they represent, do to cause trend…
The only thing keeping the market afloat is the willingness of big market participants to take on leverage to continue buying stocks and bonds. Increasingly…
What happens in yesterday, stays in yesterday. In the pre market this morning, 3 days of gains have been wiped out, and the 5 day cycle projection points to 5485. If this breaks 5605, the conventional measured move target would be 5455. What’s it all …
Gold chose the high base option. With the breakout, the initial target is xxxx. The cycle chart indicates potential resistance at xxxx with room to…
