DrStool Posted January 4, 2021 Report Share Posted January 4, 2021 We bears may consider it morally wrong and repugnant, but greed is good, ergo... Here we go again at 5 AM ET. The ES has hit uptrend channel resistance at 3772 and should pull back a bit. The 2-3 day cycle projection of 3770-75 was hit. The 5 day cycle projection looks a tad higher at 3780-85. If they get through this trendline around 3775, the next one and likely target is now around 3785-90 and rising. The pattern that they just broke out of overnight measures to around 3780-85. We should see 3800 later this week, if not this afternoon. For the big picture go to Liquidity Trader. Projections Point Higher, So When Will Shorts Start Working? Link to comment Share on other sites More sharing options...
DrStool Posted January 4, 2021 Author Report Share Posted January 4, 2021 30 minute bars. Link to comment Share on other sites More sharing options...
DrStool Posted January 4, 2021 Author Report Share Posted January 4, 2021 Pullback has broken the uptrend channel. Weak open? Link to comment Share on other sites More sharing options...
DrStool Posted January 4, 2021 Author Report Share Posted January 4, 2021 Link to comment Share on other sites More sharing options...
DrStool Posted January 4, 2021 Author Report Share Posted January 4, 2021 2-3 day cycle projection 3706. Link to comment Share on other sites More sharing options...
DrStool Posted January 4, 2021 Author Report Share Posted January 4, 2021 End of December Treasury settlement coming home to roost. Link to comment Share on other sites More sharing options...
DrStool Posted January 4, 2021 Author Report Share Posted January 4, 2021 5 day cycle projection 3690. Link to comment Share on other sites More sharing options...
DrStool Posted January 4, 2021 Author Report Share Posted January 4, 2021 That might be it. There's a trend parallel there. Link to comment Share on other sites More sharing options...
DrStool Posted January 4, 2021 Author Report Share Posted January 4, 2021 If not, then the next target would indeed be 3695. Link to comment Share on other sites More sharing options...
DrStool Posted January 4, 2021 Author Report Share Posted January 4, 2021 WTF. I just peeled an orange and ES is at 3680. Link to comment Share on other sites More sharing options...
DrStool Posted January 4, 2021 Author Report Share Posted January 4, 2021 Link to comment Share on other sites More sharing options...
DrStool Posted January 4, 2021 Author Report Share Posted January 4, 2021 5 day cycle projection now 3670-75. Link to comment Share on other sites More sharing options...
DrStool Posted January 4, 2021 Author Report Share Posted January 4, 2021 5 day cycle projection now 3645. Serially. Link to comment Share on other sites More sharing options...
MisFit Kid Posted January 4, 2021 Report Share Posted January 4, 2021 today is “showin’ more colors than a red rooster in a pumpkin’ patch.” Link to comment Share on other sites More sharing options...
DrStool Posted January 4, 2021 Author Report Share Posted January 4, 2021 LEE'S FREE THINKING The Monster Is in the Room – Commercial Real Estate by Lee Adler • January 4, 2021 • 0 Comments I think that if there’s anything that illustrates the head in the sand problem of the banks, it’s this. Commercial real estate (CRE) finance. There’s a monster in the room. All that empty room. Link to comment Share on other sites More sharing options...
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