DrStool Posted April 10, 2023 Report Share Posted April 10, 2023 Welcome back from the long weekend to all stock market religionists. In fact, the weekend is getting longer here in Europe. It's the sacred day of Easter Monday. As in the US, the extra day on holiday weekends is for shopping. But just not for stocks. Being confused about that, it appears that New Yak, is yakking up what it overconsumed last week. Thanks to everyone for the nice comments about Bob's and my interview by Tom Bodrovics of Palisades Gold Radio. I especially thank Bob for his nice comments about my work. In case you missed it. About Friday's Nonfarm Payrolls number. Bald faced lie. One of the worst I've ever seen. The opposite of fact. New York pre market just dumped through the trendline, and the 5 day cycle rolled over. The early 2-3 day cycle projection looks like 4075. 5 day cycle projection still to come. Sport levels, 4080ish and 4070ish. For moron the markets, see: Cycle Indicators Tell How to Play This Rally Now April 10, 2023 Swing Trade Screen Picks – 3 Buys, 4 Shorts April 6, 2023 Here’s How We Know That Doom Has Already Arrived April 6, 2023 Macro Liquidity Says No Way Jerray! April 4, 2023 First, the Rally, Then … April 3, 2023 Gold Takes a Breather Before Lunar Launch March 30, 2023 Swing Trade Screen Picks – Traders, Take Your Naps March 29, 2023 Watch Out For This If the Market Comes Unstuck March 27, 2023 How to Play When Fed Changes the Game, Not Just the Rules March 19, 2023 Systemic Meltdown Under Way As Dead Bodies Finally Start Surfacing March 12, 2023 February Withholding Taxes Say – Fade the Jobs Report! March 2, 2023 Here’s Why There Will Never Be Bull Markets Until This One Thing Happens February 26, 2023 You Can Now Follow the Diabolical Usual Suspects February 16, 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...
DrStool Posted April 10, 2023 Author Report Share Posted April 10, 2023 Meanwhile, keep an eye on the 10 year yield. A breakdown here would signal more panic buying of Treasuries that could lead to a self correcting crisis if bond prices rally enough. What's enough? Yields need to be a lot lower than where they are now to get the banks back above water. Link to comment Share on other sites More sharing options...
DrStool Posted April 10, 2023 Author Report Share Posted April 10, 2023 And is gold building cause for a major high base breakout? I have an update coming up shortly. Link to comment Share on other sites More sharing options...
potatohead Posted April 10, 2023 Report Share Posted April 10, 2023 Hope you were able to get some new business or interest from the interview. Appreciate your analysis and input. Link to comment Share on other sites More sharing options...
DrStool Posted April 10, 2023 Author Report Share Posted April 10, 2023 Thanks! Yes! Link to comment Share on other sites More sharing options...
DrStool Posted April 10, 2023 Author Report Share Posted April 10, 2023 Cycle Indicators Tell How Not to Play This Rally Now LEE ADLER 2 - TECHNICAL TRADER APRIL 10, 2023 Don’t be fooled by near term weakness. Everything looks lined up for more upside after that. However, it will be challenging for both nose and stock pickers. Only the usual suspects will be guilty of driving the rally. Non subscribers click here to access. Technical Trader subscribers click here to download the complete report. Not a subscriber? Get price and time targets, and weekly swing trade chart picks, risk free for 90 days! Link to comment Share on other sites More sharing options...
DrStool Posted April 10, 2023 Author Report Share Posted April 10, 2023 Here’s What’s Next Now That Gold Has Reached Its Limit LEE ADLER 3 - GOLD TRADER APRIL 10, 2023 Here’s how we know that the rally has reached its limit. But all is not lost. We’ll just need to be very patient. Meanwhile, there’s evidence that the miners will outperform. Non-subscribers, click here for access. Subscribers, click here to download the report. Try Lee Adler’s Gold Trader risk free for 90 days! Link to comment Share on other sites More sharing options...
The CoinGuy Posted April 10, 2023 Report Share Posted April 10, 2023 PH... I don't like to leave things unfinished, so I wanted to let you know I read that final comment in the thread over the weekend and I'm appreciative for the clarification....🙂. I'm heading out...best of luck to everyone. The CoinGuy oh...and... I'm going to be gone for quite some time. In the meantime... I'll park this right here. Might come in handy for the one or two bears hanging on by their claws... And for those who actually studied the charts I left over the long weekend. I'll leave you with these two simple points. Let's take one small step up the learning curve. At the top of the mountain I heard these words. "It's ALL one pattern." Link to comment Share on other sites More sharing options...
fxfox Posted April 10, 2023 Report Share Posted April 10, 2023 TLT quadruple top on the daily, negated at the EMA 200. Do quadruple tops hold? WTI the gap on the daily will get closed Link to comment Share on other sites More sharing options...
fxfox Posted April 10, 2023 Report Share Posted April 10, 2023 Bittercoin the technicals and overall liqui situation in April and that it seems to have get safe haven status… well… Link to comment Share on other sites More sharing options...
DrStool Posted April 10, 2023 Author Report Share Posted April 10, 2023 Stunningly boring day today! Link to comment Share on other sites More sharing options...
SiP Posted April 11, 2023 Report Share Posted April 11, 2023 bitcoin keep moving higher. 30k USD Link to comment Share on other sites More sharing options...
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