DrStool Posted October 2 Report Share Posted October 2 I feel like I missed something, or misinterpreted something yesterday. Today we'll see. The bears are on the cusp of gaining control here. An hourly close below 5675 would complete a nice top pattern that measures to around 5600. Cracks Beneath the Surface of the Stock Market Two days ago BTC was on the verge of a breakout. Then look what happened. But good old gold is hanging near the high. I got an update in the works. The 10 year yield continues to threaten a trend break that would signal a return to a bear market- up in yield, down in price. The Longer This Goes On, The More Fragile It Becomes For moron the markets see: Swing Trade Screen Picks – Ignoring a Flood of Sell Signals October 1, 2024 The Longer This Goes On, The More Fragile It Becomes September 30, 2024 Cracks Beneath the Surface of the Stock Market September 30, 2024 Here’s a Gold Thing Going Parabolic September 26, 2024 Market Can’t Live By Repo Alone September 25, 2024 Macro Money Blows the Roof Off September 17, 2024 Primary Dealer Clown Show Danger Pales in Comparison to Hedgie Daredevils September 11, 2024 Here’s Hard Evidence that the Slowing Economy Narrative is False September 8, 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...
specie Posted October 2 Report Share Posted October 2 could it be something as simple as the calendar? New fiscal year started yesterday. Quote Link to comment Share on other sites More sharing options...
Jorma Posted October 2 Report Share Posted October 2 Any possible crisis is a potential trigger for Fed printing and nobody wants to miss that. It's only a matter of when so every punter in the world tries to front run it. Quote Link to comment Share on other sites More sharing options...
DrStool Posted October 2 Author Report Share Posted October 2 Going up. Quote Link to comment Share on other sites More sharing options...
DrStool Posted October 2 Author Report Share Posted October 2 The euro is cooked and ready to come out of the oven. Quote Link to comment Share on other sites More sharing options...
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