Lee AdlerThe conventional measured move implication of the breakdown below the December 2018 low is 1350. Other techniques point to that area.
The S&P futures are trading limit down at 2812 as I write this at 2:50 AM Eastern Time in the US.
I suspect that the PPT will be in action over the next few hours. Whether they’ll be able to get it above support at 2850 or not is the question. And if they do, can they keep it there? If they fail, then we’re in line for an epic crash.
The cycle lineup suggests a low now, at least after this morning’s crash burns out. Here’s what to look out for.
The S&P futures are trading limit down at 2812 as I write this at 2:50 AM Eastern Time in the US.
I suspect that the PPT will be in action over the next few hours. Whether they’ll be able to get it above support at 2850 or not is the question. And if they do, can they keep it there? If they fail, then we’re in line for an epic crash.
The cycle lineup suggests a low now, at least after this morning’s crash burns out. Here’s what to look out for.
The ferocity of the surprise attack has been breathtaking, and deeply troubling, but here’s why the ingredients for a short term low are in place.…
This is a special bulletin for Technical Trader subscribers. Technical Trader subscribers, click here to download the report. Not a subscriber? Try Lee Adler’s Technical…
And there’s no reason to conclude that the uptrend is broken… Yet. Technical Trader subscribers, click here to download the report. Not a subscriber? Try…
The overnight market got hit with more Coronabear virus worries. It gave the dealers another opportunity to load up their long inventories. You know what…
The market held at support and immediately rebounded to the top of the trading range and a bit more last week. But trend resistance lines…
I just discovered today that Liquidity Traders email system had malfunctioned and had stopped sending notifications to you last week. All posts were available here…
In addition to the problems with the email server, I made an embarrassing error in this report. The body was updated with current data, but…
There’s a lot of that infuriating, “On the one hand–On the other hand,” stuff in today’s report. On the one hand, I hate when that…
The 6 month cycle has probably topped out but long term charts tell us to maintain perspective. Here’s what comes next. Technical Trader subscribers, click…