DrStool Posted June 13, 2022 Report Share Posted June 13, 2022 The 5 day cycle projection of 3820 on the ES hourly 24 hour continuous S&P fugutures of 3820 has been reached as of 3:45 AM in New York. However, The measured moved target is 3450. Keep your seatbelts fastened and brace for impact. Meanwhile, Shitcoin projects to around 23,500 on the hourly. Easy come, easy go. This was as of 3:38 AM in New York. On the daily chart BTC shows downtrending sport lines around 24,000-23,500. The long term measured move target on BTC is negative 5000. I'm working on 3 reports for Liquidity Trader this morning. Meanwhile, here's the good recent stuff. All of which leads us to the point. If you want to stay on top of the big picture, with not only clear analysis that has been mostly right for the past 22 years, but with strategic and tactical suggestions, and actual trading ideas, check out this list of summary pieces over at Liquidity Trader. 90 day risk free trial for new recruits! Swing Trade Screens – Yes, More Shorts But There Are Limits, You Know June 13, 2022 Remain Calm, All Is Hell June 13, 2022 Like Pulling Gold Teeth June 7, 2022 Swing Trade Screens – Dipping A Short Toe Before the Next Big Wave June 6, 2022 Here’s Why It’s Too Soon to Go Short Again (Mostly)June 6, 2022 The US Economy, Including Jobs, Collapsed in May June 2, 2022 Quantitative Tightening is Here, and the Effect Will Be Devastating June 1, 2022 A Great Week for Swing Trade Screen Picks May 31, 2022 We Hold Our Gold Miners, Add Another May 24, 2022 Stocks Are Ahead of the Curve May 23, 2022 Dealer Positions Show It’s Not Getting Better and It Should Get Worse May 15, 2022 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 filter. Link to comment Share on other sites More sharing options...
DrStool Posted June 13, 2022 Author Report Share Posted June 13, 2022 Remain Calm, All Is Hell Link to comment Share on other sites More sharing options...
DrStool Posted June 13, 2022 Author Report Share Posted June 13, 2022 Well, Investing.com's great, real time intraday charts are down. Not good, but to be expected. Link to comment Share on other sites More sharing options...
DrStool Posted June 13, 2022 Author Report Share Posted June 13, 2022 5 day cycle projection now 3760. Link to comment Share on other sites More sharing options...
JonLaw Posted June 13, 2022 Report Share Posted June 13, 2022 That wasn't a very exciting bear market rally. I thought we would get something more exciting this year before the Fed actually started unpoofing the money that they should never have poofed into existence in the first place. I've been arguing with a local financial advisor here. His indicators went negative in February and he started putting his clients into some kind of downside hedged Rube Goldberg contraption, which he admitted is still going to get him negative returns. Now, he's paid on assets under management, so he's not getting commissions, but I told him that he should put the money into a treasury money market or short treasury paper if you have to buy something. My head was starting to hurt last year when he was talking about the awesome returns from technology stocks as this pending fiasco was building. My respect for him did go up somewhat when he actually hedged his clients this year. Link to comment Share on other sites More sharing options...
DrStool Posted June 13, 2022 Author Report Share Posted June 13, 2022 Swing Trade Screens – Yes, More Shorts But There Are Limits, You Know Link to comment Share on other sites More sharing options...
Jimi Posted June 13, 2022 Report Share Posted June 13, 2022 Mr. Bully stepped off a cliff, oops. Link to comment Share on other sites More sharing options...
DrStool Posted June 13, 2022 Author Report Share Posted June 13, 2022 2 hours ago, DrStool said: 5 day cycle projection now 3760. That didn't take long. Link to comment Share on other sites More sharing options...
Jorma Posted June 13, 2022 Report Share Posted June 13, 2022 No doubt about it, geological chart patterns have replaced animal patterns. Link to comment Share on other sites More sharing options...
DrStool Posted June 13, 2022 Author Report Share Posted June 13, 2022 14 minutes ago, Jorma said: No doubt about it, geological chart patterns have replaced animal patterns. Over my head. Link to comment Share on other sites More sharing options...
DrStool Posted June 13, 2022 Author Report Share Posted June 13, 2022 14 minutes ago, Jorma said: No doubt about it, geological chart patterns have replaced animal patterns. Still over my head. Link to comment Share on other sites More sharing options...
BurntOnce Posted June 13, 2022 Report Share Posted June 13, 2022 with a little imagination that could be a big ass flattened head with a sagging shoulder. Link to comment Share on other sites More sharing options...
Jorma Posted June 13, 2022 Report Share Posted June 13, 2022 "The long term measured move target on BTC is negative 5000." I've been trying to figure out how this would work if I could buy BTC at $ -5000, and now I have a headache. I'm just too old for this newfangled money. Link to comment Share on other sites More sharing options...
Jimi Posted June 13, 2022 Report Share Posted June 13, 2022 Let’s pretend to paint a double bottom at 3760! Link to comment Share on other sites More sharing options...
Jimi Posted June 13, 2022 Report Share Posted June 13, 2022 1 minute ago, Jimi said: Let’s pretend to paint a double bottom at 3760! Uhhhh… anyone got a Plan B? Link to comment Share on other sites More sharing options...
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