DrStool Posted March 14, 2022 Report Share Posted March 14, 2022 The repetition of this pattern borders on shocking. Here again is the 5 hour bar chart of the ES S&P 500 futures showing the 3 faces and their connecting declines. Are we about to witness a repeat? Or is this time different? Switching to the hourly view, we get a 5 day cycle projection of 4185. But we don't see more significant support until around 4145. It's hard to get into this stuff with innocent people dying in a horrible war in Europe. My friends in Poland are distraught, some fearful, some resigned, all angry. They hate Putin, and have no love for the Russians in general. They have long memories, both personal, and ancestral. Their feelings about Ukrainians are more complex, because they also remember them as oppressors. But you know the old saying. The enemy of my enemy is my friend. And in Eastern Europe, with the exception of Serbia and Montenegro, virtually everyone sees Russia as the enemy. Meanwhile, get the big picture. Gold Holdings Consolidated March 14, 2022 Our Chart Picks Posted Record Gains Last Week March 13, 2022 Weakening Cycle Patterns in Stocks Portend Worse to Come March 13, 2022 Get Ready For Serial Market Crashes March 12, 2022 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 March 14, 2022 Author Report Share Posted March 14, 2022 US Treasuries Safe Haven a week ago and now. Link to comment Share on other sites More sharing options...
potatohead Posted March 14, 2022 Report Share Posted March 14, 2022 10 minutes ago, DrStool said: US Treasuries Safe Haven a week ago and now. great call. Link to comment Share on other sites More sharing options...
DrStool Posted March 14, 2022 Author Report Share Posted March 14, 2022 5 hours ago, DrStool said: Switching to the hourly view, we get a 5 day cycle projection of 4185. A little overshoot. Link to comment Share on other sites More sharing options...
DrStool Posted March 14, 2022 Author Report Share Posted March 14, 2022 Conventional measured move 🎯 of this latest head and shoulders breakdown is 4050 Link to comment Share on other sites More sharing options...
DrStool Posted March 14, 2022 Author Report Share Posted March 14, 2022 5 day cycle projection now looking 4135. Link to comment Share on other sites More sharing options...
DrStool Posted March 14, 2022 Author Report Share Posted March 14, 2022 As this rate, the 10s will be at 2.40 this week, and 3.0 in the blink of an eye. Link to comment Share on other sites More sharing options...
DrStool Posted March 14, 2022 Author Report Share Posted March 14, 2022 We are witnessing brutalization of bondholders. I've been adamant about avoiding them like the plague since August 2020. Every rally a selling opportunity. Link to comment Share on other sites More sharing options...
Jorma Posted March 14, 2022 Report Share Posted March 14, 2022 If it was November I'd be tempted to queue up The Wreck of the Edmund Fitzgerald Link to comment Share on other sites More sharing options...
DrStool Posted March 14, 2022 Author Report Share Posted March 14, 2022 10 year yield on the hourly chart. I'm shocked shocked. Link to comment Share on other sites More sharing options...
DrStool Posted March 14, 2022 Author Report Share Posted March 14, 2022 5 day cycle projection pulled up to 4145. Link to comment Share on other sites More sharing options...
DrStool Posted March 14, 2022 Author Report Share Posted March 14, 2022 A demain, Bonne nuit et bonne chance! Link to comment Share on other sites More sharing options...
potatohead Posted March 14, 2022 Report Share Posted March 14, 2022 2 hours ago, DrStool said: 10 year yield on the hourly chart. I'm shocked shocked. Thought that was a 1 year chart at first. Link to comment Share on other sites More sharing options...
Jimbo Posted March 15, 2022 Report Share Posted March 15, 2022 WINTER HAS COME FOR THE HOT HOUSE FLOWERS The ten year now above 2%. The temperature in the hot house is going down as the bond rate goes up. This is not good for the all the strange and artificial flowers in the hothouse that the master printer of the Eccles Temple had carefully cultivated. So many venus fly traps were cultivated to suck the "investors" ( a word that must always be put in commas and used very advisedly with a host of caveats). We should have a competition to decide what was the strangest flower....was it Virgin Galactic? was it AMC? was it one of the chinese fraudcaps? was it the Austrian 100 year bond?) They are wilting in the harsh sun of financial reality. Winter has come!!!!!! Link to comment Share on other sites More sharing options...
DrStool Posted March 15, 2022 Author Report Share Posted March 15, 2022 Br-r-r-r-r-r Link to comment Share on other sites More sharing options...
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