DrStool Posted April 5 Report Share Posted April 5 All eyes on the 5163-5170 band of resistance 5163-5170 on the ES, 24 hour S&P futures hourly chart. If cleared it could be the start of a genuine half day rebound. But they'd face still more resistance at 5178-5187 in the NY opening hour. Clearing that could set up a furious rally. But if they fail to clear any of these levels, the decline will resume. The lower the failure, the more vicious the drop would probably be. Projections say only 5135 on a 2-3 day cycle or 5 day cycle basis. A 4 day basis points just a bit lower, to around 5125. There are also spport lines around those levels. The problems would start if they don't hold. Then we'd have a possible crash setup. Low odds on that. I don't see it, but I'll hold for it for now. Swing Trade Screen Picks – Extended Uptrend Yields Just One New Pick For moron the markets, see: Banking Data Says This Is Last Hurrah for Stocks April 3, 2024 Gold Goes Space Needle April 1, 2024 Swing Trade Screen Picks – Extended Uptrend Yields Just One New Pick March 31, 2024 Nowhere to Go but Up March 31, 2024 The End Is Not Nigh March 26, 2024 Don’t Stop Never Disbelieving March 24, 2024 Markets Create Money, Money Talks, Markets Listen Etc. March 12, 2024 Tax Collections Took Off in a Stunning Reversal in February March 3, 2024 We Don’t Need No Stinkin’ Fed – We Make Money from Nothing February 26, 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 April 5 Author Report Share Posted April 5 A little indecision there. Link to comment Share on other sites More sharing options...
DrStool Posted April 5 Author Report Share Posted April 5 Link to comment Share on other sites More sharing options...
Jorma Posted April 5 Report Share Posted April 5 It's a bit late but you might want to revisit the numbers of your first post today. Link to comment Share on other sites More sharing options...
DrStool Posted April 5 Author Report Share Posted April 5 Crazy but I got a 5 day cycle projection of 5270. It depends on whether they get through resistance right here. Link to comment Share on other sites More sharing options...
DrStool Posted April 5 Author Report Share Posted April 5 7 minutes ago, Jorma said: It's a bit late but you might want to revisit the numbers of your first post today. What's to revisit? They were wrong. It happens. 😁 Link to comment Share on other sites More sharing options...
Jorma Posted April 5 Report Share Posted April 5 I was just attributing it to the drugs. Link to comment Share on other sites More sharing options...
DrStool Posted April 5 Author Report Share Posted April 5 The blood thinners? Link to comment Share on other sites More sharing options...
DrStool Posted April 5 Author Report Share Posted April 5 Marbles. Here. Link to comment Share on other sites More sharing options...
DrStool Posted April 5 Author Report Share Posted April 5 5196-97 is where all the marbles are. Link to comment Share on other sites More sharing options...
DrStool Posted April 5 Author Report Share Posted April 5 Fake break. Link to comment Share on other sites More sharing options...
DrStool Posted April 5 Author Report Share Posted April 5 I just thought of a great name for the next Wall Street thriller, Earthquake in New York. Coming soon to a theater near you. Link to comment Share on other sites More sharing options...
specie Posted April 5 Report Share Posted April 5 A lot of things are about to change. Link to comment Share on other sites More sharing options...
DrStool Posted April 5 Author Report Share Posted April 5 The earthquake thing. Is that like April Fools with a delayed settlement? Link to comment Share on other sites More sharing options...
DrStool Posted April 5 Author Report Share Posted April 5 just too weird. Link to comment Share on other sites More sharing options...
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