DrStool Posted June 20, 2022 Report Share Posted June 20, 2022 I mean, I'm dying up here. I got nuthin. It's obvious that as long as the ES S&P 24 hour fuguetures trade between 3637 and 3710, there's just nothing to say. Look out for higher lows within the range. Maybe that will be a tell. I don't know. We'll just have to choke the monkey until the range breaks. Meanwhile, BTC found trend support just above 17,000 over the weekend. It's having an obligatory dead cat bounce. That has pulled the 1 year cycle projection back up from 1500 to 8000. Of course, the conventional measured move target of the top breakdown is still 5000 below zero. Meanwhile, the PPT did some nice work preventing more death and destruction in the bond market last week. They can't hold this off for much longer though. The yield on the 10 year Treasury is headed for 6%. Dealers Assume the Position To really understand what's going on there, what lies ahead, what it means for the stock market, and what to do about it to make money from it, or at least preserve what you have left, join me at Liquidity Trader. All of the above is presented to you for free. Remember, you get what you pay for! If you really want to know what's going on, then join me at Liquidity Trader. Check out the links below for extended intros. Swing Trade Screens – Tank Gawt We’re Not a Long-Only Entity, Poor Bastids June 20, 2022 Watch Out For a V Bottom June 19, 2022 Gold Stares Into the Abyss and Doesn’t Like What It Sees June 14, 2022 Dealers Assume the Position, as 75 BPs Coming Wednesday June 13, 2022 The US Economy, Including Jobs, Collapsed in May June 2, 2022 Quantitative Tightening is Here, and the Effect Will Be Devastating June 1, 2022 If you're serious about the underlying forces of supply and demand that drive the markets, join me! 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...
fxfox Posted June 20, 2022 Report Share Posted June 20, 2022 Link to comment Share on other sites More sharing options...
DrStool Posted June 20, 2022 Author Report Share Posted June 20, 2022 😂 Butt, the FXFox indicator is making me very nervous. The record speaks for itself. Link to comment Share on other sites More sharing options...
Jimi Posted June 20, 2022 Report Share Posted June 20, 2022 12 minutes ago, DrStool said: 😂 Butt, the FXFox indicator is making me very nervous. The record speaks for itself. Some of us can only dream of having a track record…. Link to comment Share on other sites More sharing options...
fxfox Posted June 20, 2022 Report Share Posted June 20, 2022 14 minutes ago, DrStool said: 😂 Butt, the FXFox indicator is making me very nervous. The record speaks for itself. Epic short sqeeze ahead 😂✌🏻 Link to comment Share on other sites More sharing options...
DrStool Posted June 20, 2022 Author Report Share Posted June 20, 2022 2 minutes ago, Jimi said: Some of us can only dream of having a track record…. You too can be a contrary indicator! Link to comment Share on other sites More sharing options...
DrStool Posted June 20, 2022 Author Report Share Posted June 20, 2022 Now that all the stops at 20K were cleaned out, BTC has made a classic bottom pattern on the hourly. Now just needs to clear 21k to trigger massive buy orders. Link to comment Share on other sites More sharing options...
DrStool Posted June 20, 2022 Author Report Share Posted June 20, 2022 A breakout would measure to 24,500 Link to comment Share on other sites More sharing options...
DrStool Posted June 20, 2022 Author Report Share Posted June 20, 2022 OTOH, if it drops below 19,500, party over. Link to comment Share on other sites More sharing options...
Jimi Posted June 20, 2022 Report Share Posted June 20, 2022 4 minutes ago, DrStool said: OTOH, if it drops below 19,500, party over. Link to comment Share on other sites More sharing options...
DrStool Posted June 20, 2022 Author Report Share Posted June 20, 2022 LOL. The market is closed today. Link to comment Share on other sites More sharing options...
DrStool Posted June 20, 2022 Author Report Share Posted June 20, 2022 I had no ficking idea. Link to comment Share on other sites More sharing options...
MisFit Kid Posted June 20, 2022 Report Share Posted June 20, 2022 2 hours ago, DrStool said: LOL. The market is closed today. looks like Flo-Bot is working......... Link to comment Share on other sites More sharing options...
MisFit Kid Posted June 20, 2022 Report Share Posted June 20, 2022 Yeah Buddy....would have thought that was fake news/tin-foil hat, last year. Link to comment Share on other sites More sharing options...
DrStool Posted June 20, 2022 Author Report Share Posted June 20, 2022 Wawa is cheaper but don't believe the hype about their hoagies. Unless you like eating shit. Link to comment Share on other sites More sharing options...
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