DrStool 224 Posted November 9 Report Share Posted November 9 Politics doesn't matter. There are two rules. Don't fight the Fed. The trend is your friend. That's all you need to know. The ES fucutures hit our target of 3560 in the early going overnight, and have pulled back a little here at 4:30 AM ET. I have no new 5 day cycle projection yet. Click to engorge. Looking at the 30 minute bars, a pullback to 3540 or ven 3535 appears to be in order. Below that, I would allow for 3515-20 before thinking about a potential downside reversal. If 3540 holds, then 3620 could be reached in a flash. Here's a 2 hour bar chart for perspective. Where the overnight high was at 3565 is a significant resistance point at the conjunction of multiple trendlines, one dating back to the September low. Link to post Share on other sites
DrStool 224 Posted November 9 Author Report Share Posted November 9 Is it Politics doesn't matter. or Politics don't matter. ??? Link to post Share on other sites
aussiebear 292 Posted November 9 Report Share Posted November 9 UK/Europe going nutso .. France +6.5%! 😶 Link to post Share on other sites
No Einstein 12 Posted November 9 Report Share Posted November 9 3 hours ago, DrStool said: Is it Politics doesn't matter. or Politics don't matter. ??? Yes! Link to post Share on other sites
DrStool 224 Posted November 9 Author Report Share Posted November 9 WTF? I haven't been paying attention. Link to post Share on other sites
DrStool 224 Posted November 9 Author Report Share Posted November 9 50 minutes ago, No Einstein said: Yes! OK. That's what I thought. Thanks. Link to post Share on other sites
MisFit Kid 45 Posted November 9 Report Share Posted November 9 COVID-19 vaccine must be released soon or stock market could drop more than 10%: Goldman Sachs https://finance.yahoo.com/news/covid-19-vaccine-must-be-released-soon-or-stock-market-could-drop-more-than-10-goldman-sachs-142151521.html REALLY?????????? Link to post Share on other sites
DrStool 224 Posted November 9 Author Report Share Posted November 9 Investing Channel charts are down. LOL Link to post Share on other sites
MisFit Kid 45 Posted November 9 Report Share Posted November 9 schwab is down ally slow as hell and giving wrong quotes Link to post Share on other sites
DrStool 224 Posted November 9 Author Report Share Posted November 9 Vaccine shmaccine. Link to post Share on other sites
DrStool 224 Posted November 9 Author Report Share Posted November 9 Investing Channy back. Link to post Share on other sites
DrStool 224 Posted November 9 Author Report Share Posted November 9 But their charts ain't. Link to post Share on other sites
DrStool 224 Posted November 9 Author Report Share Posted November 9 Both 5 day and 2-3 day cycle projections say 3660. We're done here. Link to post Share on other sites
potatohead 15 Posted November 9 Report Share Posted November 9 MCDONALD'S SAYS EXPECTS TO LAUNCH PLANT-BASED PRODUCT LINE CALLED "MCPLANT" Link to post Share on other sites
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