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Slowing Things Down 5/22/24

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The market is still in an uptrend, but slower and slower. Will the momo reverse? They would need to have an hourly close below 5300 on the ES to create a reversal pattern.  14ygji

Meanwhile, I'm slowing things down on the Train de Merveilles from Nice up into the Alps to Cuneo Italy. I am hanging out in Cuneo until this afternoon and then a short trip to Torino where I'll spend 5 days. Enjoy! 


For moron the markets, see:   

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Cycle projections suggest that the rally still has a bit more upside.

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From the 2 hour bars perspective you can see that this break isn't significant yet. It could become so, but it snot yet. 


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