DrStool Posted October 27, 2021 Report Share Posted October 27, 2021 YAC! Yet another consolidation on the way up. The 5 day cycle turned down, but the projection is only 4565, already done. I'm not hoping for much more on the downside here because the RULE of MTA (Modern Technical Analcystics) says: All patterns are bullish. They've established new sport at 4565. Unless that's broken, I have to assume that the next target is 4608. This is just the intraday look. For more: Stocks Look Ready for Another Liftoff More Sells Than Buys in Screen, But I Added Two Buys This Week Get the big picture in your inbox every weekend. Get your regular updates on all things monetary, and what that means for stonks. US Treasury Says, More Beans, Mr. Taggart! 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. Link to comment Share on other sites More sharing options...
BurntOnce Posted October 27, 2021 Report Share Posted October 27, 2021 taper next month, but according to the experts it's all priced in. Link to comment Share on other sites More sharing options...
DrStool Posted October 27, 2021 Author Report Share Posted October 27, 2021 Wow so much has happened since I have been out. Link to comment Share on other sites More sharing options...
Jimi Posted October 27, 2021 Report Share Posted October 27, 2021 I'm old enough to remember when people referred to something called "risk." Link to comment Share on other sites More sharing options...
Mkucstars Posted October 27, 2021 Report Share Posted October 27, 2021 I remember when the fed didn't print 100 billion+ a month. Risk isn't gone, most are simply ignoring it now. Link to comment Share on other sites More sharing options...
DrStool Posted October 27, 2021 Author Report Share Posted October 27, 2021 The risk lies in fighting the Fed. So now the Fed is about to taper into a very hostile environment. The math is self explanatory. Link to comment Share on other sites More sharing options...
DrStool Posted October 27, 2021 Author Report Share Posted October 27, 2021 Hanging on the lip of the trend. Link to comment Share on other sites More sharing options...
Jimi Posted October 27, 2021 Report Share Posted October 27, 2021 "All dinosaurs resolve toward trend." -- Barney Rubble Link to comment Share on other sites More sharing options...
DrStool Posted October 27, 2021 Author Report Share Posted October 27, 2021 Link to comment Share on other sites More sharing options...
Mkucstars Posted October 27, 2021 Report Share Posted October 27, 2021 Yes but that was before they all went extinct. Link to comment Share on other sites More sharing options...
DrStool Posted October 27, 2021 Author Report Share Posted October 27, 2021 next sport line 4554. Link to comment Share on other sites More sharing options...
DrStool Posted October 27, 2021 Author Report Share Posted October 27, 2021 2 hours ago, Jimi said: "All dinosaurs resolve toward trend." -- Barney Rubble Mass death. Link to comment Share on other sites More sharing options...
DrStool Posted October 27, 2021 Author Report Share Posted October 27, 2021 5 minutes ago, Mkucstars said: Yes but that was before they all went extinct. As they say in Polish, Tak. Link to comment Share on other sites More sharing options...
Mkucstars Posted October 27, 2021 Report Share Posted October 27, 2021 Yabba, dabba... doo. Link to comment Share on other sites More sharing options...
Mkucstars Posted October 27, 2021 Report Share Posted October 27, 2021 Man, they really don't want gold over 1800. Whoever "they" are. Link to comment Share on other sites More sharing options...
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