WOW. The degree of “chart-friendliness” in the market is so refreshing (even if it is bullish). I was watching the /RTY crumble away, and the moment it hit one of my lines it went ROARING HIGHER:
Every Line Matters
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Howdy Duty
Good morning, everyone. I’d like to talk about the intraday chart below of the /ES, which I think might be important, or at least interesting:
Very Scary Mouse
If I was a bull (I’m not) and if I wanted to scare the bejesus out of the bears (I don’t), I would show them this chart:
Index Wrap
Spitting Distance
This bear market rallies are a misery, aren’t they? I’m staying on the sidelines still. I will note, however, we’re getting at least within the same ZIP code as some major resistance areas:
