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The Bottom is Zen 4/15/24

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The ES 24 hour futures have broken through a signal strip, but immediately paused. IT needs to hold above 5145 in the early going to stay on the buy side. Otherwise, hippobottomus. 

One difference on this rally so far is that it's not starting like it's shot from guns, so maybe it will have more staying power than puffed rice this time. 

14e80r

That may be a little extreme, but indications that the 6-month cycle down phase, which has shown up very late in the cycle, xxxxxxxx xxxxxx xxxxxxxx xxxxxxxx potential. That’s consistent with another month of xxxxxxxx liquidity ahead. Non subscribers click here to access.

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Top of the channel again, back where a fren is a fren, yippee ki ki yay, bulls are on the way, at the top of the channel again. 

14e9rt

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There suppose to be WWIII @ ME after the weekend. I see that market didnt get the memo.

 

Yen is crashing. Broke 150 USDJPY and keeps marching higher. Im amazed by strenght of US economy and USD.

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So the economy is running hot

Growth in Federal Tax Withholding Remained Solid in March

Federal tax withholding–the combined amount of income and payroll taxes withheld from workers’ paychecks and remitted daily by employers to the U.S. Treasury–continued to increase at a solid, healthy pace in March. We estimate that economywide withholding grew by 5.8 percent in March (compared to the amount in March 2023), about the same as the 6.0 percent growth recorded in February and in line with the range of 5 percent to 7 percent recorded in each month since May 2023, with the exception of a dip this past January (again, comparing all amounts of withholding to those from the same month in the prior year, see the chart below).

https://taxtracking.com/growth-in-federal-tax-withholding-remained-solid-in-march/

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21 minutes ago, SiP said:

So the economy is running hot

Growth in Federal Tax Withholding Remained Solid in March

Federal tax withholding–the combined amount of income and payroll taxes withheld from workers’ paychecks and remitted daily by employers to the U.S. Treasury–continued to increase at a solid, healthy pace in March. We estimate that economywide withholding grew by 5.8 percent in March (compared to the amount in March 2023), about the same as the 6.0 percent growth recorded in February and in line with the range of 5 percent to 7 percent recorded in each month since May 2023, with the exception of a dip this past January (again, comparing all amounts of withholding to those from the same month in the prior year, see the chart below).

https://taxtracking.com/growth-in-federal-tax-withholding-remained-solid-in-march/

March Withholding Tax Collections Actually Stunk 

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