3:59 -
Leprechaun -
1:34 - Meet you at 1100? H&S nut cuttin time.
AUD/JPY - looks toppy to me. Lines, lines, everywhere there lines. Blocking out the scenery and .....
Chemtrails anyone?
12:25 - RS Update - Still a possibility - target 1100 - that is to good to be true if you ask me.
12:11 - DJUSFN - I had NO IDEA that it would make this point and especially in such a short time frame.
Resistance everywhere here. RS completing or still in process.
This is the H&S breakout measurement (yellow lines).
11:40 -
11:28 - Particularly Fugly chart.
11:20 - Time for a right shoulder or does it just let go? I don't think it backtests the wedge. that would require a higher high.
10:48 - Minis - 30m - Crack? Or is it going to reset the lower wedge support and make one last gasp higher? That sky blue support line is all that's got it now. Next stop is 92. Either way we're close. Lats stop for the bull train. Last stop for most likely several years at this point.
Rich sent me this - it is awesome.
10:40 - Reversau candle on 10m SPX? Hey, its possible, right?
Hope no one is short the financials this morning - It has morning wood for sure. Alas, what goes up (and especially this fast) will come down. (well, eventually - you see in a normal market after fraudulent stress tests and proven massive liquidity issues and a consumer down for the count all have proven great rallying points for this market, that should end one would think).
Minis up 7 - it is getting to parabolic (well, for a normal market). 30m minis is about to roll over. It got nothing but sideways action out of the last two 30m cycles so it is either gonna flatline for the morning or head south.
Morning Post 11/22/2024 SPX
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I’m behind on enjoying Xmas. I said it. We only get one shot a year at it.
Don’t waste it. And never forget The reason for the season. Wish someone a
Mer...
6 hours ago