DrStool Posted January 20, 2023 Report Share Posted January 20, 2023 It's dreadful, but the hourly oscillators on the ES 24 hour S&P futures got buried at the same levels where the market has subsequently made short term lows within 2-4 days, not too much lower than the first low. Take that for what it's worth, day traders! If we pull back to test the low or make a lower low with positive divergences in the hourly oscillators, I will be accumulating from my swing trade buy lists for a trade. Then the market can crash. For moron the markets, see: Gold Going Higher January 18, 2023 Swing Trade Screen Picks – Whoa! Just Wait Till Next Week! January 17, 2023 Long Live the Bear. The Bear is Dead January 17, 2023 A Funny Thing Happened on the Way to the Debt Ceiling January 16, 2023 Withholding Taxes Are Soaring January 6, 2023 Composite Liquidity Still Bearish, No End in Sight December 23, 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 January 20, 2023 Author Report Share Posted January 20, 2023 Meanwhile, the 10 year Treasury yield has fallen to a trend sport line, derived from a resistance parallel. Also the 200 day MA. It may be a bottom. Or it may not. How's that for cutting edge analacyst? But breakage seems more than likely given the Treasury coupon $10 billion paydown at the end of the month, and restricted issuance ahead thanks to hitting the debt limit. So if they break sport, the next target would be 3.15. You know what Polonius said. Neither long nor short be until the market telleth thee. Link to comment Share on other sites More sharing options...
fxfox Posted January 20, 2023 Report Share Posted January 20, 2023 50 minutes ago, DrStool said: Meanwhile, the 10 year Treasury yield has fallen to a trend sport line, derived from a resistance parallel. Also the 200 day MA. It may be a bottom. Or it may not. How's that for cutting edge analacyst? But breakage seems more than likely given the Treasury coupon $10 billion paydown at the end of the month, and restricted issuance ahead thanks to hitting the debt limit. So if they break sport, the next target would be 3.15. You know what Polonius said. Neither long nor short be until the market telleth thee. That should be quite bullsih for stonks... A shitload of buy signals wil be triggered if we end January where we are now and full berserk knife between teeth mode if we end January above the downtrendline. Link to comment Share on other sites More sharing options...
Jorma Posted January 20, 2023 Report Share Posted January 20, 2023 Here's one for you. Did you know that at one time tens of thousands of people knew the Treasury's exact days end balance? It seem that the old Mob gambling 'numbers' games, like daily lotteries now, looked for widely published random numbers as the winning number so players would be confident there was not a corrupt drawing. One method, according to Wiki: led to the use of widely published unpredictable numbers, such as the last three numbers in the published daily balance of the United States Treasury, https://en.wikipedia.org/wiki/Numbers_game Link to comment Share on other sites More sharing options...
DrStool Posted January 20, 2023 Author Report Share Posted January 20, 2023 Interesting. Link to comment Share on other sites More sharing options...
DrStool Posted January 20, 2023 Author Report Share Posted January 20, 2023 Accumulation. Accumula a a tion. Is making me wait. Link to comment Share on other sites More sharing options...
fxfox Posted January 20, 2023 Report Share Posted January 20, 2023 Bittercoin is the tell: Although shitty news outda crapto-universe it doesn't fall. Link to comment Share on other sites More sharing options...
Jimi Posted January 20, 2023 Report Share Posted January 20, 2023 1 hour ago, DrStool said: Accumulation. Accumula a a tion. Is making me wait. And stay right here 'cause these are the good old days (These are the good old days) (These are the good old days) (These are the good old days) (These are the good old days) Link to comment Share on other sites More sharing options...
DrStool Posted January 20, 2023 Author Report Share Posted January 20, 2023 Wednesday was a shakeout. Link to comment Share on other sites More sharing options...
DrStool Posted January 20, 2023 Author Report Share Posted January 20, 2023 3 minutes ago, Jimi said: And stay right here 'cause these are the good old days (These are the good old days) (These are the good old days) (These are the good old days) (These are the good old days) Have you seen your neurologist lately? Link to comment Share on other sites More sharing options...
DrStool Posted January 20, 2023 Author Report Share Posted January 20, 2023 2-3 day cycle projection 3935 Done. Measured move of the base breakout 3950. Link to comment Share on other sites More sharing options...
fxfox Posted January 20, 2023 Report Share Posted January 20, 2023 34 minutes ago, DrStool said: Wednesday was a shakeout. Link to comment Share on other sites More sharing options...
Jimi Posted January 20, 2023 Report Share Posted January 20, 2023 34 minutes ago, DrStool said: Have you seen your neurologist lately? Link to comment Share on other sites More sharing options...
DrStool Posted January 20, 2023 Author Report Share Posted January 20, 2023 14 minutes ago, Jimi said: Yeah. I know. I saw it live. LIVE! On a date! Ooh boy. Link to comment Share on other sites More sharing options...
DrStool Posted January 20, 2023 Author Report Share Posted January 20, 2023 Carly Simon. Carole King. James Taylor. Barry Manicure. One of a kind. Those were the days. Yeah. Those were the days my friend. We thought they'd never end. Link to comment Share on other sites More sharing options...
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