DrStool Posted May 24, 2021 Report Share Posted May 24, 2021 What can I say. I like sports analohgeeze. The obvious initial target of this premarket move in the ES fucutures is 4185. If they clear that, abandon hope, all ye bears who enter here (literary reeferants). Such a breakout would have a base pattern measured move implication of 4300. But first, the 5 day cycle projection looks 4200ish. On tother hand, if this rolls over below 4178, bears ball. And if they break 4163, bears could... go... all... the... way. To 4140-45. If you are a new visitor, please register and join in! To post your observations and charts, and snide, but good-natured, comments, click here to register. Be sure to respond to the confirmation email which is sent instantly. If not in your inbox, check your spam filter. Meanwhile, Stock Market Meat Grinder Running in an Uptrend LEE ADLER 2 - TECHNICAL TRADER MAY 24, 2021 The Meat Grinder Prevails – Swing Trade Picks For Week of May 24, 2021 LEE ADLER 2 - TECHNICAL TRADER MAY 23, 2021 LEE'S FREE THINKING About the Reverse Repo (RRP) “Crisis” by Lee Adler • May 21, 2021 • 0 Comments Zero Hedge, in its inimitable, breathless, and incomprehensible fashion referred to a looming crisis in the Fed’s Reverse Repo program. This is an important issue, but there’s a lot of confusion around it, so I want to try to explain exactly what’s going on and why it’s not a crisis now, but is a mirror on a process that will lead to one. We know exactly why, and we know when. Banking System Fragile As Fuse For Implosion Nears Ignition LEE ADLER 1 - LIQUIDITY TRADER- MONEY TRENDS MAY 23, 2021 Link to comment Share on other sites More sharing options...
DrStool Posted May 24, 2021 Author Report Share Posted May 24, 2021 LEE'S FREE THINKING Today’s Bitcoin Price Projection May 24, 2021 Link to comment Share on other sites More sharing options...
DrStool Posted May 24, 2021 Author Report Share Posted May 24, 2021 There's your base breakout. It measures to at least 4290. Link to comment Share on other sites More sharing options...
DrStool Posted May 24, 2021 Author Report Share Posted May 24, 2021 Using slightly different points and lines the number is 4300. They love round numbers. Link to comment Share on other sites More sharing options...
PullMyFinger Posted May 24, 2021 Report Share Posted May 24, 2021 NQ shorts getting kicked in the head today. But first, a musical interlude. Link to comment Share on other sites More sharing options...
DrStool Posted May 24, 2021 Author Report Share Posted May 24, 2021 Seems all but certain that the EUR/USD is headed to $1.25, maybe even $1.30. Link to comment Share on other sites More sharing options...
DrStool Posted May 24, 2021 Author Report Share Posted May 24, 2021 3 minutes ago, PullMyFinger said: NQ shorts getting kicked in the head today. But first, a musical interlude. That's even before my time. Link to comment Share on other sites More sharing options...
PullMyFinger Posted May 24, 2021 Report Share Posted May 24, 2021 A cynic (not that there are any on this board, with the possible exception of me) might think that "they" have been allowing private cryptocurrencies to test them and to see if they would flourish or fail, then drop the hammer on them and do their own thing if they proved successful. Not sure that they are too keen on any competition. So, I guess I expect to see more of these trial balloons floated in the near future as they prepare us all for what might be coming. https://www.cnbc.com/2021/05/24/feds-lael-brainard-pushes-digital-dollar-as-central-bank-currency-race-heats-up.html Link to comment Share on other sites More sharing options...
PullMyFinger Posted May 24, 2021 Report Share Posted May 24, 2021 3 minutes ago, DrStool said: That's even before my time. My Dad, Scandinavian farmer that he was in the middle-of-nowhere Minnesota, was a dead ringer for Dean Martin, that Italian guy from Steubenville, Ohio. He used to walk around the house belting out Dean Martin tunes when he was in a good mood, which was almost all the time. Had tons of Dean Martin albums too. I grew up on that stuff. He sounded a lot like him too. Man, I miss my Dad. Link to comment Share on other sites More sharing options...
DrStool Posted May 24, 2021 Author Report Share Posted May 24, 2021 Sounds like mine. My Dad loved Dean, but Perry Como even more. He had every album. Probably every Sinatra and Martin album too. The complete set of Glen Miller, Goodman, the Dorseys, Artie Shaw. All of them. And he could sing! Excellent voice. Dad looked like John Wayne. Link to comment Share on other sites More sharing options...
DrStool Posted May 24, 2021 Author Report Share Posted May 24, 2021 Believe the screens? I'd still like to see a bigger move. Link to comment Share on other sites More sharing options...
DrStool Posted May 24, 2021 Author Report Share Posted May 24, 2021 If they clear 4200, look for 4210 in no time. Link to comment Share on other sites More sharing options...
DrStool Posted May 24, 2021 Author Report Share Posted May 24, 2021 4210 will be a tougher nut, but if they break it, then they'll test the high of 4237 in a flash. Link to comment Share on other sites More sharing options...
DrStool Posted May 24, 2021 Author Report Share Posted May 24, 2021 Couldn't clear 4200. Levels to watch on pullback 4187, 4183. If either holds, they're run em up late. Link to comment Share on other sites More sharing options...
PullMyFinger Posted May 24, 2021 Report Share Posted May 24, 2021 60M NQ. I'm guessing that if any pullback starts from around here it will be as shallow as a Kardashian, but time will tell. Link to comment Share on other sites More sharing options...
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