DrStool Posted August 1, 2022 Report Share Posted August 1, 2022 I'll start today by featuring my swing trade screen picks. Last week could have been a blockbuster, but I had shorts along with the longs, and that killed that. Surprisingly, current screens then resulted in more shorts than longs. Here's the post. Swing Trade Screens – We Had Longs, Yay! But… I'll be back momentarily with the usual daily intraday chart update. To understand and profit from the big picture check out the following. Swing Trade Screens – We Had Longs, Yay! But… August 1, 2022 To Blow Off, or Not to Blow Off – That Is the Question August 1, 2022 Gold Has Made a Bottom July 28, 2022 The Bond Rally That Fooled The Majority And Didn’t Help Dealers July 27, 2022 As Good As it Gets, Before the End of Time July 18, 2022 Are the Fed and Treasury Geniuses, or Just Lucky? Part One July 12, 2022 Recession? What Recession? July 5, 2022 Stocks Are Even More “Dover Sole” Versus Liquidity June 28, 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 August 1, 2022 Author Report Share Posted August 1, 2022 The ES, S&P 24 hour futures have been consolidating toward trend overnight and this morning. with the pre market just open in New York at 8:00 AM. The trendlines are currently clustered around 4105-4120. They move up to 4120-4140 at the end of regular trading hours today. The bears' task is to take that out. Failing that, the bulls would remain in charge. If they do manage to break trend support, they'd still need to break 4080 to create a reversal pattern. Link to comment Share on other sites More sharing options...
potatohead Posted August 1, 2022 Report Share Posted August 1, 2022 Saw this over the weekend. Deer Point is a sharp guy, big into the macro picture. https://twitter.com/deerpointmacro/status/1553426444600090628 Deer Point Macro @deerpointmacro Liquidity is starting to deteriorate, and a great insight into this is the Repo market. Failures to deliver (Bonds used as collateral in Repurchase agreements) have been elevated and are up 22% on a WoW basis. This is a sign of liquidity event brewing. 11:05 AM · Jul 30, 2022·Twitter Web App Link to comment Share on other sites More sharing options...
Jimi Posted August 1, 2022 Report Share Posted August 1, 2022 Why'd bully suddenly lose the plot line? Link to comment Share on other sites More sharing options...
MisFit Kid Posted August 1, 2022 Report Share Posted August 1, 2022 10 minutes ago, Jimi said: Why'd bully suddenly lose the plot line? Give it a minute.........Just look at TNX, FVX...... they still have the "Narrative" Link to comment Share on other sites More sharing options...
MisFit Kid Posted August 1, 2022 Report Share Posted August 1, 2022 Walkeeeeease.....still protected...... Link to comment Share on other sites More sharing options...
MisFit Kid Posted August 1, 2022 Report Share Posted August 1, 2022 On a lighter note...... 2022 is the year of "Soylent Green".......🤔 Where is Heston when you need him...... >: And the fraudexes go green right before the Hour Of Powerll (Power? Powell?) Link to comment Share on other sites More sharing options...
fxfox Posted August 1, 2022 Report Share Posted August 1, 2022 6 minutes ago, MisFit Kid said: On a lighter note...... 2022 is the year of "Soylent Green".......🤔 Where is Heston when you need him...... >: And the fraudexes go green right before the Hour Of Powerll (Power? Powell?) Colonel Poopwell. Where is he? Link to comment Share on other sites More sharing options...
DrStool Posted August 1, 2022 Author Report Share Posted August 1, 2022 1 hour ago, Jimi said: Why'd bully suddenly lose the plot line? Short term cycles. Link to comment Share on other sites More sharing options...
MisFit Kid Posted August 1, 2022 Report Share Posted August 1, 2022 4 minutes ago, fxfox said: Colonel Poopwell. Where is he? Ya got me, Please clarify who he is/the reference (CP)???? Link to comment Share on other sites More sharing options...
DrStool Posted August 1, 2022 Author Report Share Posted August 1, 2022 Trendlines. Link to comment Share on other sites More sharing options...
fxfox Posted August 1, 2022 Report Share Posted August 1, 2022 3 minutes ago, MisFit Kid said: Ya got me, Please clarify who he is/the reference (CP)???? He was a stollie. Posted not often, but name was nice 😂 Link to comment Share on other sites More sharing options...
MisFit Kid Posted August 1, 2022 Report Share Posted August 1, 2022 7 minutes ago, fxfox said: He was a stollie. Posted not often, but name was nice 😂 The Good Ol' Days........(somewhere Before QE......., and AF) Link to comment Share on other sites More sharing options...
fxfox Posted August 1, 2022 Report Share Posted August 1, 2022 Watch Buttcoin and ARKK47 for liqui clues. Link to comment Share on other sites More sharing options...
MisFit Kid Posted August 1, 2022 Report Share Posted August 1, 2022 The "New Banking Innovation".....You will own nothing, unless we let you....... and the bet is Interest Rates are about to collapse, even more.......further Link to comment Share on other sites More sharing options...
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