They Bought the Dip Already 9/9/24

[DrStool]

Here it is, not even 6 AM in New York, and the overnight traders have already bought the dip. It started in Asia and continued in Your Rope.  There are buy signals on the hourly oscillators and they came from positive divergences versus the previous hourly lows last Wednesday. Bears should be afraid, be very afraid. 

That said, if they don't clear 5485 today, then nothing has happened yet. It would just be a garden variety return to the scene of the crime, as illustrated on the 2 hour bars. 

For moron the markets, see: 

• How Deep Was My Valley September 9, 2024
• Here’s Hard Evidence that the Slowing Economy Narrative is False September 8, 2024
• Gold a Hold While Miners Blasted September 4, 2024
• Swing Trade Screen Picks – Nothing to Add This Week September 3, 2024
• Withholding Tax Collections Support Sufficient Liquidity Growth September 2, 2024
• Liquidity Still Supports the Rally, But with Warnings August 27, 2024

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[DrStool]

How Deep Was My Valley

Lee Adler 2 - Technical Trader September 9, 2024

I was looking higher because the cycle analysis pointed that way. But instead, Kaboom. That has huge implications for the coming wave. Non subscribers click here to access.

Technical Trader subscribers click here to download the complete report.

Not a subscriber? Get price and time targets, and weekly swing trade chart picks, risk free for 90 days! 

[DrStool]

Who's not surprised. 

[potatohead]

BIDEN WOULD VETO HOUSE GOP'S SHORT-TERM FUNDING BILL

[DrStool]

8 hours ago, DrStool said:

That said, if they don't clear 5485 today, then nothing has happened yet. It would just be a garden variety return to the scene of the crime, as illustrated on the 2 hour bars. 

First attempt rejected. 

[DrStool]

It ain't over till it's over. See ya Tamara. 

[DrStool]

2-3 day cycle projection 5525.