DrStool Posted March 1, 2023 Report Share Posted March 1, 2023 That's right. They bore us into submission. Then when we are all complacent that nothing worse will happen... And the joke will be on us. The question upon us this good day, my fellow ladies and germs is this. Is today the day? Looking at this chart of the hourly ES, 24 hour S&P fucutures, the answer is YES! Yes, I believe it is. That doesn't mean that it is. Only that I believe it. And if we all believe it together with all our hearts, there can be no question. The market would rally. So keep you skepticism and doubt, my fellow faint hearted bears, for it is on such doubt and hesitancy that the market will descend. For bulls it's the slope of hope, and for bears it's the descent by doubt. Chow and amen! Pox vobiscum. In all seriosity though, until the get out of this range of 3942 to 4019, go do something that's fun, or useful, or productive. Meanwhile, on the hourly 10 year Treasury yield chart, Satan returned to buy in size at 3.98 yesterday, solidifying the upper line of the range. Is this entity a bottomless pit of cash? Well, for one, the Fed's Strategic Cash Reserve is intact. Those with cash are sitting tight with their money on deposit here. That suggests that whoever is buying Treasuries is doing it with repo. Leverage, leverage, leverage baby! Although, I admit, there are other possibilities. For moron the markets, see: Gold’s Rebound Is Coming! February 28, 2023 Swing Trade Screen Picks – Can’t Touch This February 27, 2023 Warning! Top Formation In Progress February 27, 2023 Here’s Why There Will Never Be Bull Markets Until This One Thing Happens February 26, 2023 Gold’s Temperature Reaches Absolute Zero February 22, 2023 Bears Challenge Bulls to A Duel – Here’s Who Gets Shot February 21, 2023 You Can Now Follow the Diabolical Usual Suspects February 16, 2023 One Gold Indicator Needs to Whipsaw or Will Signal a Secular Top February 14, 2023 How Bears Could Take Charge This Week February 13, 2023 US Treasury Throws A Shocker to Reverse the Stock Market Outlook February 9, 2023 Withholding Taxes Fell Sharply in January February 3, 2023 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 folder. Link to comment Share on other sites More sharing options...
fxfox Posted March 1, 2023 Report Share Posted March 1, 2023 one for da money two for da show dree to get reeaday and FOUR ta gowwwww! Link to comment Share on other sites More sharing options...
DrStool Posted March 1, 2023 Author Report Share Posted March 1, 2023 Triple trouble Link to comment Share on other sites More sharing options...
DrStool Posted March 1, 2023 Author Report Share Posted March 1, 2023 Wow. Look at those ring tailed howitzers! Link to comment Share on other sites More sharing options...
DrStool Posted March 1, 2023 Author Report Share Posted March 1, 2023 Oopsies. Get in there and BUY BUY BUY. Link to comment Share on other sites More sharing options...
DrStool Posted March 1, 2023 Author Report Share Posted March 1, 2023 Ring tailed howitzers. Link to comment Share on other sites More sharing options...
DrStool Posted March 1, 2023 Author Report Share Posted March 1, 2023 AKA In again, out again, finnegan. Link to comment Share on other sites More sharing options...
MisFit Kid Posted March 1, 2023 Report Share Posted March 1, 2023 More news from the "Vaccine Matrix" Even worse if you look at their history........ Even more worse if you look at their lifespan.... Schwabs charting really sucks, does not help that I have a new high sensitive "gaming Mouse" Link to comment Share on other sites More sharing options...
MisFit Kid Posted March 1, 2023 Report Share Posted March 1, 2023 Love roller coaster child........(reverse splits actually help this chart) Link to comment Share on other sites More sharing options...
DrStool Posted March 1, 2023 Author Report Share Posted March 1, 2023 Gold hourly. Gold’s Rebound Is Coming! February 28, 2023 Link to comment Share on other sites More sharing options...
fxfox Posted March 1, 2023 Report Share Posted March 1, 2023 Nice inverted H&S on the daily Le Gaz Naturelle Link to comment Share on other sites More sharing options...
Jorma Posted March 1, 2023 Report Share Posted March 1, 2023 What does it mean when the SPX 10 minute chart has so many squiggles? Link to comment Share on other sites More sharing options...
potatohead Posted March 1, 2023 Report Share Posted March 1, 2023 Lee, You have been all over this in your reports. Link to comment Share on other sites More sharing options...
DrStool Posted March 1, 2023 Author Report Share Posted March 1, 2023 29 minutes ago, fxfox said: Nice inverted H&S on the daily Le Gaz Naturelle I have Natural Gas. About an hour after my high fiber breakfast every day. Link to comment Share on other sites More sharing options...
DrStool Posted March 1, 2023 Author Report Share Posted March 1, 2023 4 minutes ago, potatohead said: Lee, You have been all over this in your reports. Link to comment Share on other sites More sharing options...
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