DrStool Posted November 24, 2021 Report Share Posted November 24, 2021 We have a new, wider downtrend channel, with a 5 day cycle projection of 4645 on the ES, S&P fugutures. Reason to Stay Optimistic on Gold An Explosion of Sell Signals in Swing Trade Screens Underweighting the Negative Signs Beware- Debt Ceiling Uncertainty Darkens the Outlook 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...
DrStool Posted November 24, 2021 Author Report Share Posted November 24, 2021 The euro is getting crushed, now down to $1.12 USD. The one year cycle projection is 1.095 USD, and that might not be the last word. Link to comment Share on other sites More sharing options...
DrStool Posted November 24, 2021 Author Report Share Posted November 24, 2021 Buttcoin doesn't look too bearish yet. This looks like an intermediate correction in a longer uptrend. Butt, the 6 month cycle projection looks around 50,000. If it gets there, it would break the longer uptrend and set up something that looks like a massive top. I have hated fixed income since last summer. This chart says that that hatred will again be proven to be an act of love. But are BTC and the US 10 year yield finally about to part ways. Stay tuned for the next episode of Loves of or Lives, or Lives of our Loves. Beware- Debt Ceiling Uncertainty Darkens the Outlook Link to comment Share on other sites More sharing options...
Jorma Posted November 24, 2021 Report Share Posted November 24, 2021 As a very general thing this is going along with the story of the Fed turning the ship. Link to comment Share on other sites More sharing options...
DrStool Posted November 24, 2021 Author Report Share Posted November 24, 2021 The downtrend line is now at 4682. Link to comment Share on other sites More sharing options...
DrStool Posted November 24, 2021 Author Report Share Posted November 24, 2021 We have trend breakout. Also, we now have a pattern. As you know, all patterns are __________. Link to comment Share on other sites More sharing options...
Mkucstars Posted November 24, 2021 Report Share Posted November 24, 2021 Bullshit? I know it's bull something... Link to comment Share on other sites More sharing options...
Mkucstars Posted November 24, 2021 Report Share Posted November 24, 2021 Happy Thanksgiving to all Link to comment Share on other sites More sharing options...
DrStool Posted November 24, 2021 Author Report Share Posted November 24, 2021 Happy tanks giving. Many tanks and dungs a lot for yalls's sport. I wish everyone a great holiday season. May Santa bring us many jolly hos. Link to comment Share on other sites More sharing options...
DrStool Posted November 24, 2021 Author Report Share Posted November 24, 2021 Link to comment Share on other sites More sharing options...
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