DrStool Posted July 12, 2021 Report Share Posted July 12, 2021 I'm in the amazing city of Krakow, which most Americans have never heard of. It is a city of about 750,000 population at the center of a metro area of 1.75 million. It is one of the most beautiful, history laden cities I have visited in Europe. Yet, in many ways it feels very familiar. I have posted lots of photos at https://www.instagram.com/200daysineurope/, with many more to come. After my 11 day semi vacation of whirlwind travel, I'll squeeze my excursions between my work commitments. I'll be at Auschwitz tomorrow, then back to Krakow, then on to Warsaw for at least a month, where I'll do some extended ancestral research. But now it's time to get back to work on a regular schedule! I miss my daily excursions into the bowels of the financial markets. The market has reached some of our very short term projections with more to come. I have posted the extended outlook at Liquidity Trader. Where The End Stage Rally is Headed Here's our intraday outlook. 5 day cycle projections still point to 4385 but 5 day cycle indicators are currently on the sell side. Who wins? Normally the bulls. Is this time different? I don't see why it would be. Especially because we're coming into the Fed's MBS settlement week, which nobody pays any attention to except us. They run from Wednesday to Wednesday ahead and total a ridiculous $127 billion. Bullish. I will post an updated QE outlook over at Liquidity Trader later today. Here's the latest on that. This overnight pullback has run into support at 4340. They would need to break that to get anything going on the downside. If you are a new visitor, 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...
This topic is now archived and is closed to further replies.