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DrStool

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Everything posted by DrStool

  1. In the never ending battle of news versus cycles, the arc of history is long but bends toward cycles.
  2. The latest photographic evidence of the stock proctologist's life in Y'er up. https://www.instagram.com/200daysineurope/
  3. As I travel around the north of la France this week and next, today Paris, tomorrow Brest, lest we remember and lest we forgets, yes turd day: Now that that's been dispensed with, we see that an uptrend has or has not been established, but that there's a 5 day cycle projection of 4000-4015, which suggests that one will be. Mais à ce pointe, il y a beaucoups de canaux de trend qui descend aussi, a plus tard aujourd'hui. Vive la résistance! Here's a 2 hour bar chart for pisspective. Now if they get through 4016, bears will have un gros probleme. Because such a breakout would have a conventional measured move target of 4140. Here's the usual hourly bar look. You will note that the hourly oscillators have reached the level where they last turned lower. But they haven't turned. This is what you call a pregnant pause. The question is what pops out. The spawn of the devil? Or not. Ah oui, my fellow travelers, of such question is this life! This is just the very short term stuff. For the big picture check out the posts below. Gold Won’t Hold September 7, 2022 Swing Trade Screens – 13 Picks, All Shorts, All Winners September 5, 2022 Technical Analysis Confirms the Brutality of Liquidity September 4, 2022 Withholding Tax Collections Collapsed in August But BLS Data Won’t Show It September 2, 2022 Warnings of August Liquidity Crash Come to Fruition – Here’s What to Do August 28, 2022 Gold Miners Swing Picks August 26, 2022 Has Rule Number One Been Repealed? August 18, 2022 “As Good as It Gets” Was Good While It Lasted August 6, 2022 Treasury Confirms Supply Tsunami We Expected – Will Obliterate Everything August 3, 2022 Withholding Tax Collections Solid in July, But Here’s Why the Party is Over August 2, 2022 The Bond Rally That Fooled The Majority And Didn’t Help Dealers July 27, 2022 If you're serious about the underlying forces of supply and demand that drive the markets, join me! If you are a new visitor to the Stool, please register and join in! To post your observations and charts, and snide, but good-natured, comments, click here to register. Be sure to respond to the confirmation email which is sent instantly. If not in your inbox, check your spam filter.
  4. Here's where we are as I approach Paris Gare de Lyon. A bientot!
  5. Interesting setup from the Department of BTC Leads, Daily Section.
  6. Hourly oscillators say Up! But maybe down. Or maybe up. I'm on the TGV 20 minutes from Paree.
  7. The S&P 500, as shown on the ES futures 24 hour chart, has relentlessly been making lower lows and lower highs on a cycle averaging around 3.75 days. A low is due now, suggesting an upswing for most of the day today. The cycle now ending hasn't been as weak as the two prior ones, so they might pop it through the downtrend. The key trendline will be around 3913 in the first half hour of NY regular trading. To really get things going on the upside, the ES would then need to clear 3920. That should give it enough pop to get to yesterday's triple top at 3960. And if they got through that, then a challenge of the high of the last cycle made last Friday at 4018.6 would be in order. But let's not get ahead of ourselves. There's still an unmet 5 day cycle projection of approximately 3855. That will remain on the table until the downtrend is broken. If they break the overnight low of 3883.8, then I'd be looking for that to happen. I've been visiting the gorgeous city of Lyon the past two days. Excluding Paris, which is in a world of its own, Lyon for me is tied with Lisbon as the most beautiful big city that I have enjoyed in Europe. Today, it's on to Paris for a couple of days. I will post the Gold Trader report before New York opens. This is just the very short term stuff. For the big picture check out the posts below. Swing Trade Screens – 13 Picks, All Shorts, All Winners September 5, 2022 Technical Analysis Confirms the Brutality of Liquidity September 4, 2022 Withholding Tax Collections Collapsed in August But BLS Data Won’t Show It September 2, 2022 Warnings of August Liquidity Crash Come to Fruition – Here’s What to Do August 28, 2022 Gold Miners Swing Picks August 26, 2022 Has Rule Number One Been Repealed? August 18, 2022 “As Good as It Gets” Was Good While It Lasted August 6, 2022 Treasury Confirms Supply Tsunami We Expected – Will Obliterate Everything August 3, 2022 Withholding Tax Collections Solid in July, But Here’s Why the Party is Over August 2, 2022 The Bond Rally That Fooled The Majority And Didn’t Help Dealers July 27, 2022 If you're serious about the underlying forces of supply and demand that drive the markets, join me! If you are a new visitor to the Stool, please register and join in! To post your observations and charts, and snide, but good-natured, comments, click here to register. Be sure to respond to the confirmation email which is sent instantly. If not in your inbox, check your spam filter.
  8. Department of BTC Leads, 2 hour bar division.
  9. This is the 10 year yield hourly. Can anyone tell if this is a trend, and the exact moment it started? Wall Street works in strange and mysterious ways.
  10. Amazing how consistently behind the rate curve the Fed is.
  11. G's! I leave you guys for an hour and look what happens.
  12. I am out and about in beautiful Lyon. please keep me posted on the latest developments The what's the wise and the wear fores. 😄👍😄. voice text!
  13. Welcome back, Stoolies! Time to get back to bidness. Seems this morning that all are waiting in trepidation for something. Bulls are terrified that Friday's double bottom will drop out. Bears are equally terrified that it will hold and trigger a massive short squeeze. The market isn't tipping its hand yet this morning after 3 hours of European trading. The euro crowd is waiting on the merkins to send smoke signals across the pond. Even the hourly oscillators are stuck on dead neutral. So we key on the resistance and sport levels. To get anything going on the upside at all, the boyz must drive the ES, S&P 500 24 hour futures, well clear of the first resistance area, 3961 - 3966. If they did that, they could pop to 4015 and set up a bigger bottom for a more sustained rally if they hold it together early this week. Sport levels to watch on the downside are 3928-3920, and 3910. Take those out and the ball could start bouncing down the steps. It probably wouldn't be straight down at first. Too many sport lines that would trigger short covering on the way. This is just the very short term stuff. For the big picture check out the posts below. Swing Trade Screens – 13 Picks, All Shorts, All Winners September 5, 2022 Technical Analysis Confirms the Brutality of Liquidity September 4, 2022 Withholding Tax Collections Collapsed in August But BLS Data Won’t Show It September 2, 2022 Swing Trade Screens – Good Week For Our Shorts Last Week, Adding More Now August 29, 2022 Freak Out Now Before It’s Too Late August 29, 2022 Warnings of August Liquidity Crash Come to Fruition – Here’s What to Do August 28, 2022 Gold Miners Swing Picks August 26, 2022 Has Rule Number One Been Repealed? August 18, 2022 “As Good as It Gets” Was Good While It Lasted August 6, 2022 Treasury Confirms Supply Tsunami We Expected – Will Obliterate Everything August 3, 2022 Withholding Tax Collections Solid in July, But Here’s Why the Party is Over August 2, 2022 The Bond Rally That Fooled The Majority And Didn’t Help Dealers July 27, 2022 If you're serious about the underlying forces of supply and demand that drive the markets, join me! If you are a new visitor to the Stool, please register and join in! To post your observations and charts, and snide, but good-natured, comments, click here to register. Be sure to respond to the confirmation email which is sent instantly. If not in your inbox, check your spam filter.
  14. It's a voluntary deposit by the holders. The Fed doesn't force them to stay in. MMFs can deploy the cash in T-bills if they want, although they may need shorter duration than currently available. Other non MMF holders can deploy the cash anywhere that's legal for them.
  15. $190 billion in August is a tsunami. So why has no cash left the RRP fund? That's the question.
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