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DrStool

May 42, 2020 Survey- How Many Days in May?

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What say you? DIcsucs.

tvc_aef85833caa593a42710933de75f3e9f.png

 

5 day cycle projection 3130, done. 

tvc_4a38ec0fb2598e0fd3ec8e888c0a11a8.png

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My forecast has been that they'll sacrifice stocks on the altar of the US Trashury Market. 

tvc_76dddc547a43c7d7194015ed4ead8833.png

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Need to clear 3144 to end the selloff. 

tvc_e3b06fac0a9b815ce25d9f3c7c54118d.png

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ES Daily continuous, reflecting September contract price at present, broken into eighths (aqua colored lines) from Feb high to March low. The pattern since the March low has basically been 3/8 up, 1/8 down 3 different times to make the 7/8 move up. Moves down off a 7/8 line (87.5%) tend to be fastest. We are at an interesting point already this morning after the most recent 3/8 move up. Now what--bloodbath, or just another blip? 

 

 

Screen Shot 2020-06-11 at 6.31.35 AM.png

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I vote for bloodbath. 

Survey says? 

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16 minutes ago, DrStool said:

I vote for bloodbath. 

Survey says? 

Works for me. Would be nice to smash 3086-ish this morning. Maybe I am too greedy. Gotta admire the symmetry thus far, I guess. 

Screen Shot 2020-06-11 at 8.23.27 AM.png

Edited by PullMyFinger
Edit: 3086, not 3186. But what's 100 points among friends?

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So what's the deal?  I don't see any reason given for the selloff. They always have a reason.

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6 minutes ago, Jorma said:

So what's the deal?  I don't see any reason given for the selloff. They always have a reason.

Maybe it's just "time". 🙂

I suppose Crapvision wouldn't have much of a raison d'etre  if the reason given for a selloff was "there were more sellers than buyers today" . . . 

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First reports of Robinhooders committing suicide in their parents basement comming in now.

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Finger, i like your chart, 3086 is close to my trendline tto

tvc_ca0a473445346bcc8f23af2e9f62708b.png

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Nothing goes up every day. They are shaking the tree which was expected.

 

scam.png

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That was the bottom for today. 

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