DrStool Posted June 7, 2023 Report Share Posted June 7, 2023 Almost no one came here yesterday. Ghost town. Crickets. Could it beeeeeeeee-eeeee eeeee? THE TOP? One reason to suspect that they will Make it so, is that the May 19-22 anal log is still working out. This is the hourly chart of the ES, 24 hour S&P fugutures. The next sound you hear may be what the French would call, Tirer la chaine. Another reason is that today is day 4 of a 5 day cycle so the odds are as good as they get that the market will take a dump today. As far as whether that might only be the beginning, only the beginning, whoa whoa whoa etc, I will leave a determination of that, here. But as a tease, here's a 5 hour bar chart of the ES. Make your guesses below. Now about those massive record hedge fund one way trade bond market hedges. Watch the 10 year yield. If it drops below 3.60, they're gonna start being unwound. It could get wild. Moron that : Investors Breathe Sigh of Relief But D-Day Is Now For now, th-that's all, folks. For moron the markets, see: Investors Breathe Sigh of Relief But D-Day Is Now June 6, 2023 The Bulls Are Full of It une 4, 2023 Incomprehensible, That’s What You Are June 2, 2023 Swing Trade Chart Picks – Growing Long Side Gains June 2, 2023 Gold Gets Closer to the Bottom May 30, 2023 Modestly Hedged Dealers, Record Short Hedge Funds Suggest Disaster Ahead May 25, 2023 The Most Widely Forecast Economic Disaster In History May 16, 2023 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. If you're serious about the underlying forces of supply and demand that drive the markets, join me! Link to comment Share on other sites More sharing options...
DrStool Posted June 7, 2023 Author Report Share Posted June 7, 2023 Reminder: Coming soon to a bank deposit near you. Date Security Type Total Offering Total Publicly Held Maturing Net New Cash or (Pay Down) 06/13/2023 Bills $156,000 $120,977 $35,023 06/08/2023 Bills $123,000 $101,998 $21,002 To say nothing of the $57 billion in net new notes and bonds coming on the 15th. Investors Breathe Sigh of Relief But D-Day Is Now Link to comment Share on other sites More sharing options...
SiP Posted June 7, 2023 Report Share Posted June 7, 2023 Link to comment Share on other sites More sharing options...
DrStool Posted June 7, 2023 Author Report Share Posted June 7, 2023 2 hours ago, SiP said: Look at the last times it was this low. Oh, wait. That was never. Link to comment Share on other sites More sharing options...
DrStool Posted June 7, 2023 Author Report Share Posted June 7, 2023 If they clear 4300, the target would be forty tree toidy tree. Link to comment Share on other sites More sharing options...
fxfox Posted June 7, 2023 Report Share Posted June 7, 2023 Sir Prize rate hikes in Australia yest and Canada today Link to comment Share on other sites More sharing options...
SiP Posted June 7, 2023 Report Share Posted June 7, 2023 2 hours ago, DrStool said: Look at the last times it was this low. Oh, wait. That was never. yeap, narrowest breath/strenght in decades just big tech, amazing 7 like nvidia, apple, amazon meta... Link to comment Share on other sites More sharing options...
fxfox Posted June 7, 2023 Report Share Posted June 7, 2023 Danaher touched its EMA 50 monthly in May, that‘s where it always found support since 1983… Link to comment Share on other sites More sharing options...
DrStool Posted June 7, 2023 Author Report Share Posted June 7, 2023 The May 19-22 anal log still holding. Just taking a bit longer to work out. Link to comment Share on other sites More sharing options...
DrStool Posted June 7, 2023 Author Report Share Posted June 7, 2023 Wroclaw Market Square is like being on the Boardwalk downa shore, early summer evening just before season starts. Link to comment Share on other sites More sharing options...
DrStool Posted June 7, 2023 Author Report Share Posted June 7, 2023 From Wroclaw (Vratswav) Poland, dobranoc i powodzenia! Link to comment Share on other sites More sharing options...
fxfox Posted June 7, 2023 Report Share Posted June 7, 2023 19 minutes ago, DrStool said: From Wroclaw (Vratswav) Poland, dobranoc i powodzenia! Breslau 😉 Link to comment Share on other sites More sharing options...
DrStool Posted June 7, 2023 Author Report Share Posted June 7, 2023 That too. Link to comment Share on other sites More sharing options...
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