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DrStool

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  1. What a dud. Chow now brown cow how bow low mow pow row sow tow vow wow glow brow show grow slow blow snow stow flow Dow
  2. Double bottom at 5110, but I see no positive divergences on any oscillators from hourly down to quarter hour bars. Usually means a lower low to go.
  3. Gold Due for Pause that Refreshes LEE ADLER 3 - GOLD TRADER MARCH 15, 2024 The 9-12 month cycle projection now points to xxxx, but a consolidation is due in the short run as the 13-week cycle appears to have topped out for now. The conventional measured move target of the high base breakout xxx xxxx xxxx. For the advance to continue, gold must xxxxxxx xxxxxxxx xxxxxx. Non-subscribers click here for access. Subscribers, click here to download the report. Currently swinging mining picks with average gain of 17% on average 37 day hold. Subject to change. Subscribers, see table in report. Non-subscribers click here for access. Try Lee Adler’s Gold Trader risk free for 90 days!
  4. Spport convergence 5115. Markets Create Money, Money Talks, Markets Listen Etc.
  5. That's right spport fans. There's a downtrend channel on the hourly chart of the ES, 24 hour S&P futures. But catch it while you can. The top of the channel will be at 5162 as of the 9 AM tick in New Yak. That descends to 5155 at 4 PM when the boyz will go home for the weak end. Even if they break that line, it may not get far. There's uptrend resistance running from 5165 to 5168 today. Only if they clear that, will it be off to the races again. A mud fight seems more likely. OTOH, the 4 day iteration of the 5 day cycle seems to be back, and the 5 day cycle hourly oscillators have edged to buy signals. Advantage bools. Unless they take out 5145. Then I think we see 5123 again. Chow for now. It's past lunch time here. Market Flies Blind in Thin Air For moron the markets, see: Markets Create Money, Money Talks, Markets Listen Etc. March 12, 2024 Market Flies Blind in Thin Air March 11, 2024 Swing Trade Screen Picks – What to Do With Profitable Week Behind March 8, 2024 Gold Sets Up for Major Breakout March 6, 2024 The Magic of Rising Stock Prices Driving Liquidity, Driving Prices March 4, 2024 Tax Collections Took Off in a Stunning Reversal in February March 3, 2024 We Don’t Need No Stinkin’ Fed – We Make Money from Nothing February 26, 2024 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.
  6. 5150 is the key. If cleared, the selloff is ovah. Market Flies Blind in Thin Air
  7. Yesterday's little launchpad fire on the ES, 24 hour S&P futures has been fully extinguished, and the pad has been rebuilt. The rocket engines are intact, and a new 5 day cycle buy signal has initiated the countdown to liftoff. The 5 day cycle projection is 5250. Obviously, resistance at 5189 must be cleared. Assuming that it is, then the high base breakout would have a conventional measured move target of 5260-70. Will it get there today? Probably not. There are trend resistance lines at 5190, 5200, and 5210 that must be cleared, and that could take a little chewing. On the slight chance of a pullback, 5180-5175 looks like spport. Only if they break that is there even a chance of reversal. I've actually gotten used to being bullish. Obviously, we're doomed. Market Flies Blind in Thin Air For moron the markets, see: Markets Create Money, Money Talks, Markets Listen Etc. March 12, 2024 Market Flies Blind in Thin Air March 11, 2024 Swing Trade Screen Picks – What to Do With Profitable Week Behind March 8, 2024 Gold Sets Up for Major Breakout March 6, 2024 The Magic of Rising Stock Prices Driving Liquidity, Driving Prices March 4, 2024 Tax Collections Took Off in a Stunning Reversal in February March 3, 2024 We Don’t Need No Stinkin’ Fed – We Make Money from Nothing February 26, 2024 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.
  8. 10 Year Yield getting ready to clear both the 100 and 200 day MAs. Hoo boy. Markets Create Money, Money Talks, Markets Listen Etc.
  9. The launchpad turned into a head and shoulders top. Wow. But the measured move implication was only 5153. And they did that in a flash. Spport there.
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