We all know that Wall Street is really a circus. So are we under the big top?
Hard to say, but if it rolls over today, maybe.
And if not, well, a breakout through 5096 would suggest higher prices ahead. The 5 day cycle projection says 5135-40.
Trend spport at 7 AM ET projects around 5076 heading toward 5080 at the NY close. Bust that and maybe the clowns will sing The Party's Over. They Walked the Line
For moron the markets, see:
The Fed Doesnβt Matter Any More May 1, 2024
Swing Trade Screen Picks β Hidden Gems April 29, 2024
They Walked the Line April 29, 2024
Gold to Hibernate Till Winter April 24, 2024
Watch Closely as Warning Signs Abound April 23, 2024
Warning Signs Abound, But Ignore Them for Now April 16, 2024
March Withholding Tax Collections Actually Stunk April 5, 2024
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