DrStool

A great weak end for one and all! Ciao for now!

Still looking at a 2-3 day cycle projection of 4155. Oscillators look bottomy. Doesn't rule out a downdraft, but if we get it, that should be it.

4155

2-3 day cycle projection 4150.

Taking aim at 4183-85 again.

https://www.cnbc.com/2021/06/11/covid-doctor-warns-southern-states-vulnerable-to-delta-variant-this-summer.html?recirc=taboolainternal

I have installed a new theme on WSE because comments had stopped working on the 12 year old theme that had served its purpose. I go by the rule, if it ain't broke, don't fix it. If it ain't not broke, fix it. So the three comments I get every 3 months will now be visible. I've updated and streamlined a few other things. Welcome to the 2010s.

Looking at my daily data, this setup is potentially very bullish, or very bearish. The market will either go up or down from here. That is all. Carry on.

It never gets old, does it? Well yeah, actually it does. At 4:30 AM in NY, 4209 sets up as a critical trend spport junction. If they get below that, shorts may have something going. But if it holds, back up we go, probably to 4323-24 as a first stop. If they clear 4225 next stop would be around 4235. Then if that's cleared, target would be the top of one of those megaphones, around 4270-75, depending on how long it takes. If they head down, first checkpoint should be 4203-05. If you are a new visitor, please register and join in! To post your observations and chart

They win. 4 in a row. Ciao. See ya tamara.

They're right about the Dow of course, and still have 7 minutes to pull victory from the jaws of defeat on the S&P

This morning the papers were saying that the market was headed for its fourth loss in a row. I tried to tweet to Marketwatch that they better be careful or you'll choke on your vomit. But of course, I'm blocked and can't Tweet. 😁

Kotor was haunting.

Lake Bled reminds me of the Bay of Kotor. I grabbed this shot from a moving bus.

This one should be the breakout. It's a beautiful evening here. I'm going to take my usual walk around the peninsula for a stop at the Sea Organ and Salutation to the Sun.