Jump to content

ES S&P Futures Project to 4740 Today

Rate this topic


Recommended Posts

That, ladies and germs, is just the 5 day cycle projection. The measured move target of the base breakout is 4820. But I don't expect that to happen today. 

At least not in the first hour. Maybe the second. 

Bwahaha. 

Not funny. 

Not funnier is that upon clearing 4720, the implied target would be 4950. Do, I hear 5000. Of course, why not. 

tvc_c63f260605699bf08f64fd8ac02826c0.png

 

More later! Meanwhile, the big picture. 

What I Did Won’t Surprise You, as Buy Signals Surged in Swing Trade Screens

Here’s Why Truncated 6 and 12 Month Cycles Are Scary

Why It’s Big Trouble that Real Time Tax Data Shows Economy Still Growing Fast

Here’s What to Key on With Gold on the Brink of Failure

Second, Even Bigger, Explosion of Sell Signals in Swing Trade Screens 

When the Fed Balance Sheet Will Hit the Fan

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

  • Replies 11
  • Created
  • Last Reply

Top Posters In This Topic

Top Posters In This Topic

"The legislation outlines that Congress would have to specify the exact dollar amount of a new national debt limit -- likely north of $30 trillion. The fast-track process would expire after January 15."

 

The limit now is 28.4. So it looks like 1 1/2 or 2 TN. That should keep the market busy for awhile. 

Link to comment
Share on other sites

1 hour ago, Jorma said:

It's definitely the Dragon Pattern. Are there any Chinese technicians to tell us what it means?

Brontosaurus. And it had it's front legs in a hole when it started. This could be significant. 

Link to comment
Share on other sites

Guest
This topic is now closed to further replies.
 Share

  • Tell a friend

    Love Stool Pigeons Wire Message Board? Tell a friend!
  • Recently Browsing   0 members

    • No registered users viewing this page.
  • ×
    • Create New...