DrStool Posted March 22, 2022 Report Share Posted March 22, 2022 Ah, geeze. There he is again. You know what that means. Bears are in hot water. At least in terms of the ES, S&P 500 futures at 7 AM in New York. If the bulls, and chicken (or prudent 😉 bears covering shorts, manage to push it through 4480, up we go. But I'm not sure it will be an easy go. There are multiple lines of resistance at 4495-98. But if they get past 4500, they'll have running room to 4513. So it looks like more of a slog than a launch. On the other hand, if sellers (or lack of buyers) manage to push it below 4460, that would break the uptrend, and it would come from a negative divergence in 5 day cycle oscillators. So something could happen on the downside. For the big picture. Give It To Me One More Time, Goldie March 21, 2022 Screens and Picks Keep Buy Side Tilt March 21, 2022 Dog Market Gets the Zoomies March 20, 2022 Seven and a Half Weeks of Bullish Liquidity Ahead March 19, 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 22, 2022 Author Report Share Posted March 22, 2022 2-3 day cycle projection 4530. Link to comment Share on other sites More sharing options...
DrStool Posted March 22, 2022 Author Report Share Posted March 22, 2022 Like a hot knife through buddah. Link to comment Share on other sites More sharing options...
DrStool Posted March 22, 2022 Author Report Share Posted March 22, 2022 That's a helluva base they just blew out. Link to comment Share on other sites More sharing options...
DrStool Posted March 22, 2022 Author Report Share Posted March 22, 2022 2-3 day cycle projection now 4550. Link to comment Share on other sites More sharing options...
MisFit Kid Posted March 22, 2022 Report Share Posted March 22, 2022 So, Covid and the European War have been nothing but bullish........ Link to comment Share on other sites More sharing options...
DrStool Posted March 22, 2022 Author Report Share Posted March 22, 2022 Give It To Me One More Time, Goldie March 21, 2022 Screens and Picks Keep Buy Side Tilt March 21, 2022 Dog Market Gets the Zoomies March 20, 2022 Seven and a Half Weeks of Bullish Liquidity Ahead March 19, 2022 Link to comment Share on other sites More sharing options...
Jimbo Posted March 23, 2022 Report Share Posted March 23, 2022 A NEW FINANCIAL RATIO Bear market rally it looks to me. Anyway here is a financial ratio I invented. WTV/WCV That's the Wealth Transfer Vehicle (SPACS....) divided by Wealth Creation Vehicle (Commodity...Energy co's....) Ratio. In Bull markets it goes up. In Bear markets is goes down. Link to comment Share on other sites More sharing options...
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