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Target Missed, But Big Fat Base Still Intact 5/5/22

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5 minutes ago, DrStool said:

FOMC first move is always the false move. 

Bunch of freshly-charred bulls, who have never experienced a bear market, are learning this for the first time.

Cryptobros charting similarly unfamiliar territory.

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1 minute ago, DrStool said:

This should scare the crap out of anyone who is not completely clueless. 


We are mid crash on this. It's the Long Term Treasury Bond ETF. 


Uhh... you're gonna need some more cellar-space on that Y axis.

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In the end, they held the line, but left us with a 5 day cycle projection of 4395. 


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