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Welcome to the All New Two Way Market 4/3/24

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That's right, storps fans. Stocks can go up AND down, as the last two days have shown. However, with the market now being flooded with cash from T-bill paydowns every couple of days, don't expect much more downside for the time being. It was fun while it lasted, and a sign of things to come, but probably not today. Swing Trade Screen Picks – Extended Uptrend Yields Just One New Pick

On the hourly chart of the ES, 24 hour S&P futures, a 5 day cycle low is in. The 2 day downtrend is broken. Spport lines held. And another buy signal will be triggered on an hourly close above 5207. If they're successful at that, this could go up faster than it went down.  If they don't manage to punch through that area, then we waffle for a few hours and try again this afternoon. By 2 PM the trigger level for a buy signal would be around 5200. 


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The Fed’s weekly real time balance sheet data and its slightly lagged data on the condition of the US banking system have flashed warning signs that the rally is on its last legs. xxxxxxx, Treasury bill paydowns have begun on schedule, and they will xxxx cash xxxx the markets for the next 6 weeks.  Non-subscribers, click here for access.

Subscribers, click here to download the report.

This will lead to xxxx xxxx xxxx for stocks, and should also xxxx the bond market. A big xxxxxxx in bonds hangs in the balance. Stocks should be xxxxxx off and on through April and part of May before the xxxx xxxx xxxx xxxx vomitorium.   Non-subscribers, click here for access.

KNOW WHAT’S HAPPENING NOW, before the Street does, read Lee Adler’s Liquidity Trader risk free for 90 days! Act on real-time reality! 

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