DrStool Posted July 18, 2022 Report Share Posted July 18, 2022 The ES, S&P 500 24 hour continuous futures chart looks like the Nike logo this morning. The bulls are living up to their just close your eyes and fucking do it ethos. They're buying with both fists as New York traders start rubbing their eyes and guzzling coffee in front of their trading screens. The 5 day cycle projection has risen to 3960. Meanwhile the measured move target of the base breakout is like a restaurant menu. Take your pick. 3910? 3930? Or would you like some of the rare chicken? Just 3990 for all you can eat. If the rally extends beyond 3910, no doubt there are some who would say that the target is 4070. You know how it is when some people say. D To better understand the big picture right now so that you can take the correct action when the time is right, check out the following: As Good As it Gets, Before the End of Time July 18, 2022 Are the Fed and Treasury Geniuses, or Just Lucky? Part One July 12, 2022 More Bad News Ahead for the Golden Boys July 13, 2022 Advantage Bulls, But It’s Over If This One Thing Happens This Week July 9, 2022. Recession? What Recession? July 5, 2022 For Swing Trades this Week, It’s Politics As Unusual July 5, 2022 Stocks Are Even More “Dover Sole” Versus Liquidity June 28, 2022 We Knew QT Would Be Devastating, But You Ain’t Seen Nothing Yet June 21, 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...
DrStool Posted July 18, 2022 Author Report Share Posted July 18, 2022 Dubbya Link to comment Share on other sites More sharing options...
DrStool Posted July 18, 2022 Author Report Share Posted July 18, 2022 5 day cycle projection now 3940. Link to comment Share on other sites More sharing options...
Jimi Posted July 18, 2022 Report Share Posted July 18, 2022 Whacked. Everything is whacked. Link to comment Share on other sites More sharing options...
DrStool Posted July 18, 2022 Author Report Share Posted July 18, 2022 Something's happening here. Link to comment Share on other sites More sharing options...
DrStool Posted July 18, 2022 Author Report Share Posted July 18, 2022 Quelle est la raison du jour? Link to comment Share on other sites More sharing options...
MisFit Kid Posted July 18, 2022 Report Share Posted July 18, 2022 Poison AAPL, according to some, China may have caught something, too...... Link to comment Share on other sites More sharing options...
MisFit Kid Posted July 18, 2022 Report Share Posted July 18, 2022 18 minutes ago, DrStool said: Quelle est la raison du jour? Poison AAPL, according to some, China may have caught something, too...... >: Or because I mowed the lawn this morning before it Got Too Hot, Hear Europe is a Lil Hot, Too. Link to comment Share on other sites More sharing options...
fxfox Posted July 18, 2022 Report Share Posted July 18, 2022 Apple will deliver a stink bomb next week and take everything down with it. AAPL, among a few others, is THE Nifty Fifty of our time. You know what happened to them… Bought an iphone 13 recently. Great device. Apple is a great company too. But so was IBM, in the 70s, in the 80s too, even today still ok. Link to comment Share on other sites More sharing options...
fxfox Posted July 18, 2022 Report Share Posted July 18, 2022 Could it be that Ed Yardeni is an idiot? Link to comment Share on other sites More sharing options...
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