DrStool 248 Posted November 9, 2020 Report Share Posted November 9, 2020 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 248 Posted November 9, 2020 Author Report Share Posted November 9, 2020 Is it Politics doesn't matter. or Politics don't matter. ??? Link to post Share on other sites
aussiebear 292 Posted November 9, 2020 Report Share Posted November 9, 2020 UK/Europe going nutso .. France +6.5%! 😶 Link to post Share on other sites
No Einstein 12 Posted November 9, 2020 Report Share Posted November 9, 2020 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 248 Posted November 9, 2020 Author Report Share Posted November 9, 2020 WTF? I haven't been paying attention. Link to post Share on other sites
DrStool 248 Posted November 9, 2020 Author Report Share Posted November 9, 2020 50 minutes ago, No Einstein said: Yes! OK. That's what I thought. Thanks. Link to post Share on other sites
MisFit Kid 46 Posted November 9, 2020 Report Share Posted November 9, 2020 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
Jimi 122 Posted November 9, 2020 Report Share Posted November 9, 2020 Wow Link to post Share on other sites
DrStool 248 Posted November 9, 2020 Author Report Share Posted November 9, 2020 Investing Channel charts are down. LOL Link to post Share on other sites
MisFit Kid 46 Posted November 9, 2020 Report Share Posted November 9, 2020 schwab is down ally slow as hell and giving wrong quotes Link to post Share on other sites
DrStool 248 Posted November 9, 2020 Author Report Share Posted November 9, 2020 Vaccine shmaccine. Link to post Share on other sites
DrStool 248 Posted November 9, 2020 Author Report Share Posted November 9, 2020 Investing Channy back. Link to post Share on other sites
DrStool 248 Posted November 9, 2020 Author Report Share Posted November 9, 2020 But their charts ain't. Link to post Share on other sites
DrStool 248 Posted November 9, 2020 Author Report Share Posted November 9, 2020 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, 2020 Report Share Posted November 9, 2020 MCDONALD'S SAYS EXPECTS TO LAUNCH PLANT-BASED PRODUCT LINE CALLED "MCPLANT" Link to post Share on other sites
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