DrStool Posted December 11, 2023 Report Share Posted December 11, 2023 There was a jailbreak in the market on Friday, but this morning, the inmates are trying to get back in for a nice breakfast. Whether they try to run again after breakfast, we'll just have to see. The key level to watch on the ES, 24 hour S&P hourly chart is around 4595-4600. If that holds this morning, then the criminals will likely head for the hills later today. But under 4595, they might stay locked up. Although the dungeon doesn't look like the destination. There are spport lines every 5 to 10 points on the way down where criminal inmate spporters are likely to step in. But the 5 day cycle is due to be in a down phase ideally until Turdsday, so I wouldn't expect a re-jailbreak before that. Stock Market Dancing on the Ceiling Now get out there and hit those shopping malls! Stocks are on sale! For moron the markets, see: Swing Trade Screen Picks – No Gifts for the Holidays December 11, 2023 Stock Market Dancing on the Ceiling December 10, 2023 Gold Got There Fast But Race is Over December 6, 2023 Tax Revenues and Liquidity are Crashing December 4, 2023 This Chart Tells Us Exactly When the Bull Market Will End November 26, 2023 A Rally Can’t Live on Hope Alone November 20, 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. Link to comment Share on other sites More sharing options...
Takachi-1 Posted December 11, 2023 Report Share Posted December 11, 2023 20% drop in nat gas this am feels way overdone to me even given the warm weather prediction. bgt some BOIL at 24.10 and doubled up at 25 Link to comment Share on other sites More sharing options...
DrStool Posted December 11, 2023 Author Report Share Posted December 11, 2023 It was 72 degrees today in Cannes. Bees are. Link to comment Share on other sites More sharing options...
Takachi-1 Posted December 11, 2023 Report Share Posted December 11, 2023 wow, sounds perfect... I thought your apt was in Nice? Link to comment Share on other sites More sharing options...
DrStool Posted December 11, 2023 Author Report Share Posted December 11, 2023 Yes. I was over in Cannes today for a few hours. Link to comment Share on other sites More sharing options...
fxfox Posted December 11, 2023 Report Share Posted December 11, 2023 How went the auction of the 10y? Well it seems, right? Link to comment Share on other sites More sharing options...
DrStool Posted December 11, 2023 Author Report Share Posted December 11, 2023 Link to comment Share on other sites More sharing options...
DrStool Posted December 11, 2023 Author Report Share Posted December 11, 2023 48 minutes ago, DrStool said: Yes. I was over in Cannes today for a few hours. It was 8 F degrees warmer in Cannes than in Nice today. Odd. Link to comment Share on other sites More sharing options...
SiP Posted December 11, 2023 Report Share Posted December 11, 2023 Polish PM Morawiecki was ousted. What a great day in Poland. Tomorrow we will hear expose of Donald Tusk and a new gov will be officially formed. Link to comment Share on other sites More sharing options...
DrStool Posted December 11, 2023 Author Report Share Posted December 11, 2023 10 minutes ago, SiP said: Polish PM Morawiecki was ousted. What a great day in Poland. Tomorrow we will hear expose of Donald Tusk and a new gov will be officially formed. I just hope democracy prevails in the US. An authoritarian US under Trump would be an unprecedented danger for the world. Can you imagine a Trump/Putin axis? And how will the US military respond to illegal orders this time? What about the Justice Department? Will it become the Trump Police, arresting and jailing his political enemies? Trump has threatened to root out the liberal vermin. 2 Link to comment Share on other sites More sharing options...
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