DrStool Posted July 26, 2021 Report Share Posted July 26, 2021 I don't know whether the culprit is Investing.com or Trading View, but they wiped out my saved chart drawings on the intraday charts I post here. So much the better. I had to start over, and now we have a nice clean view of the trends. Things were getting a little cluttered there with umpteen crisscrossing uptrend channels at various angles. By the way, did you know that crisscrossing is spelt without a hyphen. I didn't know that until spelt check corrected me. Anyway, here's the new, more boring, but clearer hourly bar chart. It seems that at 10:15 Central European Time, 4:15 AM ET Nuovo Jork time, our 5 day uptrend is busted. At the same time, it means that a 5 day cycle low is due. But where? It's too early in the downturn for projections, even the 2-3 day cycle variety. Spport is suggested around 4370. If that breaks, we could finally be in for some woohoo on the short side. But if it holds, more of the same... sigh... Meanwhile, big picture stuff. Prices Show Us Not to Argue with Mother Market If you are a new visitor to the Stool, 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. If you're interested in following the photo journal of my European wanderings, including latest shots from Warsaw, a dynamic, un-Europe-like city, check out my Instagram page. Link to comment Share on other sites More sharing options...
DrStool Posted July 26, 2021 Author Report Share Posted July 26, 2021 Bulls have so far held this where they needed to. Bears still need to break 4370 to get anything going on the downside. Link to comment Share on other sites More sharing options...
DrStool Posted July 26, 2021 Author Report Share Posted July 26, 2021 Well, boys and girls, here we are. Again. We interrupt this program to bring you the same old program. ' Link to comment Share on other sites More sharing options...
DrStool Posted July 26, 2021 Author Report Share Posted July 26, 2021 We now have a base breakout that measures to 4500. Link to comment Share on other sites More sharing options...
DrStool Posted July 26, 2021 Author Report Share Posted July 26, 2021 Stalled breakout. Link to comment Share on other sites More sharing options...
DrStool Posted July 26, 2021 Author Report Share Posted July 26, 2021 Not unusual. Link to comment Share on other sites More sharing options...
DrStool Posted July 26, 2021 Author Report Share Posted July 26, 2021 Damn chart isn't updating. Link to comment Share on other sites More sharing options...
DrStool Posted July 26, 2021 Author Report Share Posted July 26, 2021 Or it is, but with a one hour lag. Link to comment Share on other sites More sharing options...
DrStool Posted July 26, 2021 Author Report Share Posted July 26, 2021 Now that these charts are lagging I'll have to SWAG a bit more on the cycle projections. 2-3 day looks 4425. Link to comment Share on other sites More sharing options...
DrStool Posted July 26, 2021 Author Report Share Posted July 26, 2021 I do realize that nobody gives a shit any more. Link to comment Share on other sites More sharing options...
MisFit Kid Posted July 26, 2021 Report Share Posted July 26, 2021 Mr. Hanky cares......... but he is POO.......... >: Same POO, Every Day........ Link to comment Share on other sites More sharing options...
DrStool Posted July 26, 2021 Author Report Share Posted July 26, 2021 Tomorrow, I visit the hometown of my grandfather, where the remains of my great grandparents lie. I'll be here in the wee hours to post the gold update on Liquidity Trader. Ciao! Link to comment Share on other sites More sharing options...
BreakOut Posted July 26, 2021 Report Share Posted July 26, 2021 A permanently high breakout. Have a special day tomorrow. Link to comment Share on other sites More sharing options...
DrStool Posted July 27, 2021 Author Report Share Posted July 27, 2021 I need to rush out this morning. No time for a new thread, so continue here for July 27. C-a-dmara. Link to comment Share on other sites More sharing options...
DrStool Posted July 27, 2021 Author Report Share Posted July 27, 2021 Or this late afternoon if market still open when I return this evening. Link to comment Share on other sites More sharing options...
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