TZA chart - I think this says it all.so you are telling me that in the past two years things have gotten so good that this is the result? What did we cure cancer and have the Second coming? Did I miss something?
10:15 - SPX 1m - Yup, this is normal for sure. That might be a triple top. 61 is most definitely resistance. Nothing like three 4 point swings followed by three 3 point swings in the first 45m of trading. Wedge is possibly cracking here.
SPX 1m - This is totally normal after a bad jobs report.
10 year - Up - no surprise here. LOL.
Long term there is no fear of a bond bubble forming.
Silver futures on the move again. This is a sign that there is no fear in the market cause there will be a run on flatware, goblets and trays a Tiffany's this month.
Minis - Possible HnS with RS forming here under 57.5 resistance. Hey - it's possible - right?
EUR/USD -weren't we worried about the EUR crashing a month or so ago?
Dollar -
Post Employment close up chart - That is a 10 point pop off the bottom to the blue diagonal resistance.
Pre Employment chart for prosperity. At 52 support level which is also the 30m 200m, the busted upper bear market resistance line (red) and the Oct '09 S/R line (blue). The lower green line is the NEW lower wedge support andn the dashed green line was original now busted and backtested twice wedge support.
Not going to post anything till employment comes out this AM.
Morning Post 12/20/2024 SPX
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Getting spicy in DC. How festive! The swamp lives.
Good v evil
On to the lie -
Minis off 50. Cash entering a very broad support zone. Roughly 100 poin...
2 days ago