The ES, S&P 500 24 hour futures topped out last night at the downtrend line that started from the August 1 high. It came almost to the minute that a 5 day cycle high was ideally due. Most like spport levels for the next bounce 4487 around 7 AM ET a…
Economists and pundits steer well clear of the eventual social and political consequences of America’s entrenched neofeudal wealth-income inequality.
Florida and Idaho are America’s fastest-growing states, according to data released by the U.S. Census Bureau. Their populations increased by 1.9 percent and 1.8 percent, respectively, causing them to rise to 22.2 million and 1.9 million from July 2021 …
The screens produced 54 charts with multiple buy signals as of the last two trading days. There were 118 charts with a second sell signal.…
The ES, S&P 500 24 hour futures need to clear 4500 this morning or the bears can take control. Clearing that would open the way for a move back to 4520-30, where the bull case would be tested again. On the other hand, failing to clear would open th…
There were lots of signs that the xxxxxxx cycle topped out last week, but nothing that will signal how weak the down phase will be.…
It seems like the market this week was infected with a touch of reality.
These comments are an excerpt from the Liquidity Trader Report on current US Federal withholding tax collections. They tell us that the US economy is…
Market pundits worried this week about the coming massive increase in Treasury note and bond supply. There’s just one problem. It’s not true. The issuance…
The market put in a 5 day cycle low yesterday. The ES, 24 hour S&P futures now face resistance at 4525. If they clear it, then yes, Virginia, BTFD lives.
On the other hand, there’s a spport line convergence at 4514. If broken, the market could…