DrStool Posted August 20 Report Share Posted August 20 Although they are very close to the edge here with less than an hour to go before NY opens. Pretty easy guesswork here. An up opening and off we go into the wild blue yonder. Down and we get a little pullback, but it won't amount to much with so many spport levels and trendlines coming up. Worst case would be 5570 if they start down. Upside targets would be around 5633 and 5660. Swing Trade Screen Picks – We Caught the Turn Even my favorite excess liquidity measure is looking bullish again. And money is flooding into the 10 year Treasury this morning. Liquidity Now Hinges on Mood For moron the markets, see: Swing Trade Screen Picks – We Caught the Turn August 20, 2024 Gold Breakout Persists August 19, 2024 Nothing But Air August 19, 2024 Liquidity Now Hinges on Mood August 19, 2024 Bits and Pieces- Why What Was Bearish is Now Bullish August 15, 2024 Tax Collections Were Worse than the Jobs Report But… August 5, 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. Quote Link to comment Share on other sites More sharing options...
DrStool Posted August 20 Author Report Share Posted August 20 Look at dem. Dey panickin. Dey all yellin Sell Sell! Quote Link to comment Share on other sites More sharing options...
specie Posted August 20 Report Share Posted August 20 44 minutes ago, DrStool said: Look at dem. Dey panickin. Dey all yellin Sell Sell! I don't know nuttin 4 sur but i dink day write Quote Link to comment Share on other sites More sharing options...
DrStool Posted August 20 Author Report Share Posted August 20 I think this is going much higher, but here we're only talking the day to day stuff. Very short term. So what if there's another 5-10%. Quote Link to comment Share on other sites More sharing options...
TurdButter Posted August 20 Report Share Posted August 20 "...going much higher." So that 6 month cycle hitting the wall early has become irrelevant? Quote Link to comment Share on other sites More sharing options...
specie Posted August 20 Report Share Posted August 20 3 hours ago, DrStool said: I think this is going much higher, but here we're only talking the day to day stuff. Very short term. So what if there's another 5-10%. I tink ES and NQ have broken they're uptrend lines on the 60 min chart. I tinq SPY and QQQ have broken there uptrend lines on the 60 min chart as well. seems like it's da bears ball right now, but who nose i refuse to watch any sports anymore or any tv for that matter. Quote Link to comment Share on other sites More sharing options...
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