DrStool Posted November 25 Report Posted November 25 The hourly ES, 24 hour S&P futures, is trending toward the latest 5 day cycle projection of 6020. 6020 is also a conventional measured move target of the base breakout. Market Cycle Outlook: December Predictions Levels and Timing At 6 AM, the index is bumping along the upper channel trendline extending from the November 15 low. That line will be at 6005 at the New York open and 6012 at the close. In addition 6008 is the previous high and likely resistance. If cleared, the target of 6020 should take about 5 minutes to be reached. To break the uptrend, the ES would need to be below 5980 by the end of the day. But there wouldn't be much downside potential. There's a bigger trend channel line coming up around 5920 today that would need to be broken. Weekly Stock Trading Signals: 7 Buys and 9 Sells On the planet Krypton, the escape from gravity continues pointing toward a longer term cycle projection of 100k for BTC, but an intermediate projection of 121k. I wouldn't bet against the latter. The short term uptrend channel has been broken, but a pullback to 90,000 wouldn't damage the bigger uptrend. It would be a setup for another stab higher. Weekly Stock Trading Signals: 7 Buys and 9 Sells Gold's rebound has paused near the center of several uptrend channels. Nothing unusual in that and cycle oscillators remain on the buy side. Short-Term Gold Miner Buys for Gold Bull Market The euro is attempting to stop its crash around major support, after briefly breaking it and hitting an intermediate term cycle projection. Oscillators are buried at their lowest level since July 2022, which was 2 months before the big sub parity low. Breaking this low would result in a conventional measured move target around 97. Short-Term Gold Miner Buys for Gold Bull Market The 10 year yield has smashed its uptrend, finally, but if it holds at 4.25 or above, the bigger uptrend would remain intact. Ponzi Much? Understanding Treasury Debt and Market Fragility Meanwhile, there's a TON of supply on the way. That will be sufficient to effectively wipe out the Fed's deferred QE strategic cash reserve RRP facility slush fund. After it's gone, is where it gets interesting. Primary Dealer Crisis Now, Crisis Later For moron the markets see: Weekly Stock Trading Signals: 7 Buys and 9 Sells November 24, 2024 Market Cycle Outlook: December Predictions Levels and Timing November 24, 2024 Ponzi Much? Understanding Treasury Debt and Market Fragility November 20, 2024 Short-Term Gold Miner Buys for Gold Bull Market November 19, 2024 Don’t Be Misled By October Tax Collections Collapse November 5, 2024 Primary Dealer Crisis Now, Crisis Later October 31, 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.
DrStool Posted November 25 Author Report Posted November 25 5 day cycle projection now 6040. Market Cycle Outlook: December Predictions Levels and Timing
SiP Posted November 25 Report Posted November 25 PALANTIR TECHNOLOGIES (NYSE: PLTR.US) selling AI to military for sure
SiP Posted November 25 Report Posted November 25 One of the most amazing stories: CARVANA (NYSE: CVNA.US)
The CoinGuy Posted November 25 Report Posted November 25 The End. See you at 224(x)-225(x) in the SPX. TCG
DrStool Posted November 25 Author Report Posted November 25 If the rally don't stick... [fill in the rest] Weekly Stock Trading Signals: 7 Buys and 9 Sells
DrStool Posted November 25 Author Report Posted November 25 Many months ago, I had APP on my buy list. Had a nice trade 75-80% as I recall, and closed it. A few days ago I closed EAT with a gain of around 75%. It's up another 10%. I think I'm going to convert from swing trades to buy and holds. This is just spectacular. 1
specie Posted November 25 Report Posted November 25 Day really gonna stick it to trump now. Just like Hoover. He loved talkin bout the DOW and how stocks said he was doing great. They stuck that ponzi NVDA in the DOW right at the high just to kill it. Then he started bragging on Bitcon. Day takin dat to intrinsic value soon. Nil.
DrStool Posted November 25 Author Report Posted November 25 1/17/2024 Buy APP 40.87 73.00 78.6% 4/15/2024 😭😭😭 1
DrStool Posted November 25 Author Report Posted November 25 8/20/2024 Buy EAT 67.03 117.00 74.5% Stopped 11/15/2024 😩😩😩
DrStool Posted November 25 Author Report Posted November 25 I have one right now that's up 67% in less than a month. They'll only take that one out of my cold dead hands. From now on, I'm only gonna pick the ones that go up 60% a month. You can have the others.
DrStool Posted November 25 Author Report Posted November 25 The sharpest uptrend on the ES remains intact.
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