DrStool 259 Posted July 21, 2020 Report Share Posted July 21, 2020 Yesterday was a clear breakout. This morning we have follow through. The 5 day cycle projection has risent from 3255 to 3285. Channel resistance on the daily chart, 3270. And if that's cleared 3325. If 3265 holds, then we pull back to 3230 and wait. Link to post Share on other sites
DrStool 259 Posted July 21, 2020 Author Report Share Posted July 21, 2020 Target number one, done. One and done? Link to post Share on other sites
DrStool 259 Posted July 21, 2020 Author Report Share Posted July 21, 2020 New COVID cases and deaths in US appear to have plateaued as more people wear masks and maintain personal distance. Link to post Share on other sites
DrStool 259 Posted July 21, 2020 Author Report Share Posted July 21, 2020 Overnight uptrend slightly broken. 5 day cycle projection still 3285. Link to post Share on other sites
SiP 41 Posted July 21, 2020 Report Share Posted July 21, 2020 The trend is your friend, until the end when it bends. Keep grinding higher. Link to post Share on other sites
DrStool 259 Posted July 21, 2020 Author Report Share Posted July 21, 2020 Sell signals on ES hourly indicators. Link to post Share on other sites
SiP 41 Posted July 21, 2020 Report Share Posted July 21, 2020 Silver! Miners! Commodities in general Link to post Share on other sites
DrStool 259 Posted July 21, 2020 Author Report Share Posted July 21, 2020 Florida's case numbers are coming down. Do you believe them? Link to post Share on other sites
DrStool 259 Posted July 21, 2020 Author Report Share Posted July 21, 2020 I can retire now. There's no reason for my reports any more. Treasury now publishing historical data. https://fiscaldata.treasury.gov/datasets/daily-treasury-statement/ Link to post Share on other sites
jp6 16 Posted July 21, 2020 Report Share Posted July 21, 2020 Spx and Ndx movements are just smoke and Mirror. Gold and Silver is where the real action is. watch Dollar index if it takes out 94 then real fun will begin like 2001 Link to post Share on other sites
DrStool 259 Posted July 21, 2020 Author Report Share Posted July 21, 2020 Well well well. WTF Link to post Share on other sites
DrStool 259 Posted July 21, 2020 Author Report Share Posted July 21, 2020 6 hours ago, DrStool said: Sell signals on ES hourly indicators. Stuff works. Link to post Share on other sites
SiP 41 Posted July 21, 2020 Report Share Posted July 21, 2020 nasdaq is overbought. maybe a correction? this will slow the bulls since 25% of market cap is nasdaq and 5 stocks. Link to post Share on other sites
jp6 16 Posted July 21, 2020 Report Share Posted July 21, 2020 18 minutes ago, SiP said: nasdaq is overbought. maybe a correction? this will slow the bulls since 25% of market cap is nasdaq and 5 stocks. I still looking for Market top around September/October. If the election is in the way and it doesn't happen then March 2021 Way Gold is acting most likely to be this year. NDX around 11k is fine Link to post Share on other sites
fxfox 97 Posted July 21, 2020 Report Share Posted July 21, 2020 EUR/USD broke thru the March high. Monthly chart looks bullish. But keep in mind that there is massive multi year and often tested congestion area between 1.20 and 1.25. Once that is cleared it should fly to 1.50/1.60. When USD falls a lot US stocks become unattractive for overseas investors. Ex-US stocks will become more attractive, also for US-based investors. Link to post Share on other sites
Recommended Posts