DrStool Posted March 11 Report Share Posted March 11 Here's a chart of it. And another. But here, we concern ourselves with the mundane day to day. And the question at hand is whether we get the 4 day version of the 5 day cycle and bottom this morning, or is there one more day of carnage ahead. I don't have the answer. The levels to watch for clues are 5103 and 5129. A break of the former would suggest another day of carnage. For the latter, blue skies. To 5150, anyway. As for the bigger picture, I am working on a Technical Trader update to be posted before NY opens. Meanwhile, Swing Trade Screen Picks – What to Do With Profitable Week Behind For moron the markets, see: Swing Trade Screen Picks – What to Do With Profitable Week Behind March 8, 2024 Gold Sets Up for Major Breakout March 6, 2024 The Magic of Rising Stock Prices Driving Liquidity, Driving Prices March 4, 2024 How Stocks Can Forestall the Inevitable March 4, 2024 Tax Collections Took Off in a Stunning Reversal in February March 3, 2024 Swing Trade Screen Picks – Read My List, No New Shorts March 1, 2024 We Don’t Need No Stinkin’ Fed – We Make Money from Nothing February 26, 2024 Gold Holds for Hold February 24, 2024 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 March 11 Author Report Share Posted March 11 Market Flies Blind in Thin Air LEE ADLER 2 - TECHNICAL TRADER MARCH 11, 2024 A market in the stratosphere is flying blind, with no cycle projections in either direction. So how do we know whether a stall might be imminent? The short answer is that we don’t. It’s a matter of being on the alert for signs every week. For now, there are only hints that the upside is xxxxxx xxxxxx but xxxxx xxxxx that the downside will xxxxxx xxxxxxxx before another xxxx to end the 10-12 month cycle up phase. 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 March 11 Author Report Share Posted March 11 What's wrong with this picture? Link to comment Share on other sites More sharing options...
DrStool Posted March 11 Author Report Share Posted March 11 Gold as good. Gold Sets Up for Major Breakout - March 6, 2024 Link to comment Share on other sites More sharing options...
DrStool Posted March 11 Author Report Share Posted March 11 5 day cycle projection 5050. Link to comment Share on other sites More sharing options...
MisFit Kid Posted March 11 Report Share Posted March 11 This "USA Daylight Savings Time" is kicking my ass today......... Seems there could also be problems at the Henge...... >: All Euro Soccer is off an hour, too....⚽ Link to comment Share on other sites More sharing options...
MisFit Kid Posted March 11 Report Share Posted March 11 Gotta love the .82 cent strike price....... (I guess a dollar for dollar is only worth .82, sometimes) 🤡 🚫 Link to comment Share on other sites More sharing options...
DrStool Posted March 11 Author Report Share Posted March 11 1 hour ago, MisFit Kid said: This "USA Daylight Savings Time" is kicking my ass today......... Seems there could also be problems at the Henge...... >: All Euro Soccer is off an hour, too....⚽ It's not DST here yet. Link to comment Share on other sites More sharing options...
SiP Posted March 11 Report Share Posted March 11 It's a "go long" market. Pick your fighter like gold, bitcoin, Nvidia. Whatever. Too much liquduity. All boats rise. Link to comment Share on other sites More sharing options...
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