DrStool

I guess I won't get Liquidity Trader report posted today. Gdamit

Another chart with the same data, but different file. Same problem. Tearing my hair out.

If they don't break 3970, nothing has happened yet.

Sorry, that was Lotus Position 123 originally. Excel came later.

I've been doing spreadsheets in excel since 1988. There's always a new problem somewhere. Just keep guessing what might work. And something might.

Tried that. It did not work.

Soon as I asked, I found a solution. I changed the name of the worksheet, and it worked.

Has anyone ever had a problem with a chart in excel not posting the last data from the data selection? I have wasted two hours trying to get this chart to render properly and it simply refuses. I have a bug, I guess.

Oops.m4a

Balancing act.

5 day cycle projection 4030-35. Watch Out For This If the Market Comes Unstuck LEE ADLER 2 - TECHNICAL TRADER MARCH 27, 2023 The S&P 500 closed Friday at 3971. It first traded at this level on May 10 of last year. Since then the index has never been more than 360 points above or 480 points below that level. The index has traded through that price on 26 days since then. The current setup is hinting at the likely direction of the breakout. Here’s what comes next. Non subscribers click here to access. Technical Trader subscribers click here to download the complete report. Not a subscriber? Get price and time targets, and weekly swing trade chart picks, risk free for 90 days!

Oop, there it is. This uptrend is now extremely well established as it enters its 11th day from the low. The higher highs and higher lows have been persistent. The base breakout was tested and held. Its conventional measured move target is 4035. It already hit that on the post FOMC spike. If they get back clear of that, then the implied target would be 4195. That's right, shoppers! You'll be able to get your fill of the ES, S&P 500 fuguetures for just 4195 on its way to 10k.. And you only need to put up half. Your broker will lend you the rest. And the hourly chart of the ES says that you don't even have to worry about any downside risk unless the ES drops below 3967! What a bargain. Buy your ES today, while it's on sale! I'll be posting a new Technical Trader report for moron the longer term view in just a little while. And of course, if ES isn't to your taste, you can always buy bonds. That's right. Whether it's James, or Gary US, your bonds are available now at the high yield of an amazing 3.45%. And if you buy today, you'll be able to sell your bonds at a profit in just a few weeks! The 1 year cycle projection of 2.75 is waiting for you now! I'll have a new Liquidity Trader report for you later today esplaining how you too can own bonds, just like the rich people do. Bank accounts are for schleppers! Buy bonds now, on sale at your local K-Mart, Woolworth, or PharMor! And don't worry about your dealer. The money they lose by shorting the bonds to you they'll make up in volume. Of course, if the 10 year yield doesn't drop below 3.30, your bonds will be worth less for a while, but don't worry! You can hold till maturity and get back the full par value! What snot to like! Or you could buy gold. If you don't want to bury it around your backyard like Jimi, I got a guy that'll hold it for you! He runs the Idaho outfit. I'll update this Tamara. Bullish, very bullish. Bank runs and all that. They're selling it today. Get the Idaho guy. He's gonna make you an offer you can't refuse. Of course some people like SafetyCoin. Not to my taste, but the charts have a conventional measured move target of 34,000. I just report. There's a 9 month cycle projection of 32-33k backing that up. Meh. If it breaks 26.6 k, you'll be able to get it on sale. If it breaks 28.8, you'll probably have to chase. For moron the markets, see: Watch Out For This If the Market Comes Unstuck March 27, 2023 Gold Set For High Base Breakout March 22, 2023 Swing Trade Screen Picks – Show Me the Money, Jerry! March 21, 2023 Massive Fed Monetary Injection Changed the Technical Picture March 20, 2023 How to Play When Fed Changes the Game, Not Just the Rules March 19, 2023 Systemic Meltdown Under Way As Dead Bodies Finally Start Surfacing March 12, 2023 February Withholding Taxes Say – Fade the Jobs Report! March 2, 2023 Here’s Why There Will Never Be Bull Markets Until This One Thing Happens February 26, 2023 You Can Now Follow the Diabolical Usual Suspects February 16, 2023 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 folder.

Maybe Potatohead knows some European guys.

I know a guy.

Now I'm annoyed.

Maybe I should be.

I am not impressed.

Given enough time, the value of everything is zero.

And the rally stopped right where it was essposed to.

They bought the dip. They bought the dip. spinach dip.

Every day at the stroke of noon here in Nice, there's a cannon blast. This has been going on for 160 years. It's to remind the mayor that it's time to go home from his morning dalliance, lest his wife catch him. For the longest time, every day when that cannon went off, I would jump out of my skin. Now, I barely notice it despite being just 300 meters from its location on La Colline du Chateau, Castle Hill . As I was preparing to open this thread this morning simultaneously with the usual mid day cannon blast, I looked at the hourly chart of the ES, S&P 500 24 hour futures and I was startled. It wasn't from the cannon blast. It was from the market blast. When I had checked earlier this morning, the ES was up a bit from yesterday's 4 PM close. Now, traders had blasted out yesterday's lows. What changed in the space of a few hours? Well, Europe opened, for one, and there seems to be just a touch of panic about the next domino to fall. That would be Douche Bonk, which is not only too big to fail, but too expensive to save? Stay tuned for that drama to play out. I do think that in the end, all of us will end up somehow taking a substantial haircut on our bank deposits, if not through outright bail-in, then through disastrous inflation that rapidly erodes our purchasing power as the Fed and its cohorts print and print and print some more in an attempt to inflate their way out of this fucking mess of their own making. Now they are poised to test critical sport around 3910-3905. At first glance, the hourly indicators suggest to me that this will break down. Not sure if that's my bias, or an accurate reading, but that's the opinion for what it's worth. The 5 day cycle projection is only 3915, suggesting that the decline is done for now. Howsomever, there's a 2-3 day cycle projection of 3875, so pick your poison. I'll go with door number two. I do think that, clearly if 3905 fails, 3875 is all but a done deal, and it should happen fast. Massive Fed Monetary Injection Changed the Technical Picture The 10 year Treasury yield is on the verge of breaking down. Implied target would be 2.50, probably in the blink of an eye. That would be a first step on the way to a self mitigating banking crisis. While investors who had any assets left would be buying Treasuries, it would also require massive liquidation of equities. How to Play When Fed Changes the Game, Not Just the Rules The rally in the euro got kneecapped over the past two days. The daily chart has formed a triangle suggesting a narrowing range of indecision between $1.055 and $1.09 per EUR Bitcoin reached its 9 month cycle projection of 27,000 and has not been able to break out of its uptrend channel. The move looks done but would need to drop below 26,500 to reverse to the downside. Until that happens, there's still the base breakout implied target of 34,000 to think about. Ha ha ha. I love the next chart. It's going up to test its high. Then if it hangs around, it's going higher and higher. Gold Set For High Base Breakout Gold weekly. For moron the markets, see: Gold Set For High Base Breakout March 22, 2023 Swing Trade Screen Picks – Show Me the Money, Jerry! March 21, 2023 Massive Fed Monetary Injection Changed the Technical Picture March 20, 2023 How to Play When Fed Changes the Game, Not Just the Rules March 19, 2023 Systemic Meltdown Under Way As Dead Bodies Finally Start Surfacing March 12, 2023 February Withholding Taxes Say – Fade the Jobs Report! March 2, 2023 Here’s Why There Will Never Be Bull Markets Until This One Thing Happens February 26, 2023 You Can Now Follow the Diabolical Usual Suspects February 16, 2023 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 folder.

Do We Defeat Truman?

5 day cycle projection on the hair trigger of being 3900. Just need a few more downticks to hold this hour.

Got to admit. This is an easy to trade, orderly market. Just follows the charts and mints coin for traders. Yep. Easypeasy.