DrStool Posted April 7, 2022 Report Share Posted April 7, 2022 That's on the hourly ES, S&P 500 futures chart. Yes, normally I am in Nice. But this month I'm in Cannes, except today. I'm traveling to Hyeres for the day today. Won't be around until late this afternoon your time. Meanwhile, the market needs to clear 4496-4504 to really get anything going on the upside. Otherwise it's a false alarm. And even if they do get it going, I would think that the target would be only 4436, where multiple trendlines converge. For the big 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 The Iron Pyrite Trade April 5, 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...
Jorma Posted April 7, 2022 Report Share Posted April 7, 2022 I'm happy for you that it's Nice in Nice. Here in the old USA things are...... There are no words. At least we got to opening day though it's pretty hard to care anymore. As a sometimes sentimental old fool a reminder of one of the greatest sports stories ever told. Link to comment Share on other sites More sharing options...
DrStool Posted April 7, 2022 Author Report Share Posted April 7, 2022 Shocked today at news of the death of an old friend. Link to comment Share on other sites More sharing options...
sandy beach Posted April 7, 2022 Report Share Posted April 7, 2022 Sorry about that doc. Link to comment Share on other sites More sharing options...
DrStool Posted April 7, 2022 Author Report Share Posted April 7, 2022 We all gotta go. Eh? Link to comment Share on other sites More sharing options...
DrStool Posted April 7, 2022 Author Report Share Posted April 7, 2022 A late observation. This is a messy, dirty pattern that will turn into a false breakout if it drops below 4495. Avec ca, je dit, bonne nuit et bonne chance! Link to comment Share on other sites More sharing options...
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