DrStool Posted April 4, 2022 Report Share Posted April 4, 2022 Hey! I'm sorry, but writing headlines is harder than it looks sometimes, ok? This is one of those times. So cut me some slack, ok? 😁 The chart picks were a bit more conclusive this weekend: Holding Longs, Adding Shorts. The intraday outlook, not so much. At least there are some nearby levels that look like keys. On the upside there's resistance at 4557. If cleared that should get things rolling on the upside. There's room to run to around 4580, where more resistance is indicated. On the downside, they need to break 4533. But it's not clear how much running room there is going that way. There are multiple sport lines every few points. The most critical one is 4507. If by some miracle that gets taken out, then we could see more selling come in. The 5 day cycle projection only points to 4533. That suggests that the bulls will hold it together for the time being. For more on the bigger picture: Holding Longs, Adding Shorts April 4, 2022 Market Still in “Fool The Majority” Mode April 3, 2022 Why March Withholding Taxes Showing Red Hot Economy Is Bearish April 3, 2022 Gold Can’t Hold March 29, 2022 Fragile and Dangerous Semi Blind Spot March 28, 2022 Screens Be Nimble, Screens Be Quick – They Were! March 27, 2022 Here’s Why This Will Be “The Rally that Fools the Majority” March 26, 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 April 4, 2022 Author Report Share Posted April 4, 2022 2-3 day cycle projection 4580. Link to comment Share on other sites More sharing options...
DrStool Posted April 4, 2022 Author Report Share Posted April 4, 2022 ES needs to clear 4579. Otherwise... nothing has happened yet. Link to comment Share on other sites More sharing options...
DrStool Posted April 4, 2022 Author Report Share Posted April 4, 2022 2 hours ago, DrStool said: 2-3 day cycle projection 4580. Eh... close enough. Link to comment Share on other sites More sharing options...
MisFit Kid Posted April 4, 2022 Report Share Posted April 4, 2022 Looks like everyone is just waiting for the EOD Jack the Ripper...... as they walk it higher Link to comment Share on other sites More sharing options...
MisFit Kid Posted April 4, 2022 Report Share Posted April 4, 2022 Was the Sow actually down ~200 today, it is hard to tell what is real, any more Link to comment Share on other sites More sharing options...
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