This has gotta be a warning to getting too bearish here. Just at a quick glance, you were with in 1 to 3 days of a >100 pt ES rally in the next 3-4 weeks....http://tinyurl.com/82nlt3x
Now, there are only 4 examples but each one played out as stated above.
Time for bears to be careful...but they only happened after really heavy downside of >200 points and we haven't seen that yet.
Below, recent US Treasury Bond chart. Psst...rates aren't going to 0. Although, the chart seems to indicate that. Point is that at some point the trend will change and rates will go up.
Above....gotta love it for this manipulated market.
Anyway...below, the market is sitting right at the MAR lows and on top of last years highs for days now. Coincides with the 90MA, as well. A lot of indicators I look at are indicating an oversold condition but does that mean up from here or a more oversold level (SP 1310-1290).
The uptrend was broke in early APR and it has really been a broad sideways range since then.
No matter keeping it simple because I know nothing and will just follow the market. Above the 90MA and I look for intraday opportunities to buy dips...when below, sell rips. Currently, two most recent days have closed below the 90MA. If it bounces from here, back to buying and if it drops from here sticking to selling...Keeping It Simple Stupid (KISS).
Operation Twist ends JUN 12th....perhaps Da Boyz are going to crack this thing down hard over the next few weeks just to give the Fed a reason to immediately do more QE to keep all the plates spinning before the election???
Aaaahhh, remember the days of sub $1 gas? Of course, you don't because you have to add in state tax of about 50 cents on top. But still....even $1.50 per gallon???
Dare to dream....never again unless we shift to a natural gas based economy!
The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions. The author may have a position in any company or security mentioned herein.
NO MATERIAL HERE CONSTITUTES "INVESTMENT ADVICE" NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANICAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, BONDS OR FUTURES.
Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.
More About Trump’s Sham “Reciprocal” Tariffs
-
Trump’s “Liberation Day” tariffs are an incredible self-inflicted wound.
It’s just unclear whether the greatest harm will be to the country’s
economy, its ...
Market Dashboard
-
Subscriber access. To subscribe please visit Market Services on
NorthmanTrader.com. Whereas the Daily Market Brief goes into depth on macro
and technical c...
March Employment Preview
-
On Friday at 8:30 AM ET, the BLS will release the employment report for
March. The consensus is for 135,000 jobs added, and for the unemployment
rate to be...
An Evening with Michael Lewis (April 7)
-
Take a break from the sell-off and plan a fun night for this Monday.
Join me on April 7th, 2025 at 7:30 pm for a special evening featuring New
York T...
The Masque of the Red Death
-
The title of this post is a reference to a story by Edgar Allen Poe, which
I would strongly recommend and, not wishing to give much away in the way of
sp...
Guesstimates on April 3, 2025
-
*June S&P E-mini futures: *The ES was again crushed by Trump Tariff news
and dropped into the 5400-5500 support zone. The next big swing will be
upward....
Morning Post 04/03/2025 SPX
-
Good morning STB!
Putting America first and cutting waste and fraud is a good thing. It’ll
eventually allow us to help others that truly need the help mo...
Daily Trend Report, 4/3/25
-
You need to be logged in to view this content. Please Log In. Not a Member?
Join Us
The post Daily Trend Report, 4/3/25 appeared first on Blue Chip Daily...
Keys To Sustaining A Positive Trading Psychology
-
*4/3/2025* - *What if we need to do cognitive warmups before intensive
activities like trading just as we need to do physical warmups before
athletic co...
SPX, INDU, COMPQ, NYA: Important Test
-
A lot of charts again today, so we'll let those do the talking. (Note
there's a page break you have to click.)
Gray 3/C is looking more difficult for bull...
Crypto Market Weekly Outlook for March 30th
-
Welcome to this week’s Crypto Market Weekly Outlook, post #374, where we
provide a comprehensive analysis of the latest developments and price
movements ac...
Strong Selling The Day Before A Fed Day
-
I have shown many times in the past that Fed Days tend to carry a bullish
edge – especially when there is selling leading up to the Fed Day.
Tuesday’s sell...
Wow, have you seen the stock market lately?
-
And by lately, I mean the past several years or more. The value of the S&P
500 index of stocks, where most of us hopefully have a good chunk of our
retire...
Understanding the Modern Monetary System – Updated!
-
It’s been over 10 years since I published Understanding the Modern Monetary
System, one of the most widely read papers in the SSRN research database. I
pub...
Dogecoin: Will It Break $1?
-
Will it break above $1?. That’s the question millions of crypto watchers
are asking now. Dogecoin may be on your watch list, too. After all, its
9000%+ r...
The last of 12326
-
February 22nd 2012.....
First post...
https://permabeardoomster.blogspot.com/2012/02/can-anyone-fly-plane.html
--
This post will be the last under the o...
Weekend Report
-
Weekend Report Provided by the OEW Group December 7, 2019 SPX closed last
week at 3141 after making a new high at 3154 into the Thanksgiving holiday.
Nega...
Bullish Breakouts and Trend Continuity in 2017
-
In the heat of battle, it’s often helpful to raise your perspective to
higher ground. That’s what we’re doing here with the clear price patterns
and breako...
It’s Not About the Status Quo
-
If we think God came down from Heaven to restore the status quo, we are
mistaken. The whole miracle of the incarnation and subsequent death and
bodily re...
The Market Ticker - The Pattern of The Market
-
*Looks awfully similar to 2008.*
*Rotation back and forth, with most of the gains coming in a handful of big
names with big stories -- but no earnings to...
Kafka For The Twenty First Century
-
I've been spending a slightly frustrating day trying to update my payment
details at google. To log in to my admin console I need to log in using my
G Sui...
The most successful traders
-
The most successful traders can talk in detail about the patterns that they
perceive in markets and how they have traded those patterns. The patterns
ma...
Health Care in CBO’s Long-Term Budget Outlook
-
Federal health care spending is one of the most important projections in
CBO’s recent Long-Term Budget Outlook since it is a key driver of the
growing n...
Weekend Overview and Analysis 04/17/16 {Video}
-
The following video is a brief, condensed version of the full-length
Weekend Video Strategy Session which I present each weekend to members of
Market Che...
Daily Observations 11/9 – ES hits channel low
-
ES finally hits channel low as speculated on 11/3
(http://vadercapital.com/?p=4667) Rising rates and unsteady earnings
keeps this as a peculiar trading...