..dont pay for Martins site, but saw a pay post mentioning 2026…But by the size of this anticipated 5 wave structure ( w-1 and w-2 taking 3 years), this bull could go on for many, many years 5 to 8 ?. Trick will be to catch the top of wave 3, and jump onto wave 5 in time….
Gm phil, it could be low volumes melt up during summer time when people goes on vacation, climbing on the wall of worry.. perfect time to get out on long investment before Sep.
5311,(5331),5346,5361,5376, (5396) ES is still at chopzone after hitting 5331 on wednesday. top end 5346 and lower end of chop was tested at 5312. bulls need to hold above 5311 after 2pm to aim back at 5331/5346. still NO direction short term. ON 20Y/D , 5dema is now at 5300, aiming top end of BB at 5361. above 18dsma 5200 is still a BULL trend. ON 4 month time period, its looking good with ascending triangle at 5264 line, and above 5000 aiming 5500. i hope it could hit 5500 by july/aug. if it does hit, i have a multi-months set up for both bears and bulls. gonna be awesome next year. have a nice weekend. 😂😂😂
Bonds have moved a bunch over the past several months yet the 3, 6 and 12-month etc… have basically been offering the same rates the whole time. Still getting 3-month at the same 5.35-5.40% range…??
i am making about the same profit on TMF as 3 yr notes even tho 3 yr is 10 times the position size .. when i believe 30 yr is ready to rocket i will buy the cash bond
I may sound like a Tibetan prayer wheel for the poor, but I can not change the matters of facts; therefore please do not kill the newsman for bringing you the the news 😉. Today the es and nq made new ath`s and the Dow cash too. A new ath always is a buy, long, trigger, BUT all indices not only, like at the past times, have a neg. div. in the 1h-RSI`s; this time the quotations itself give a warning signal too and that in connection with a massive lag in the 1d-RSI`s. All US-indices had had an intraday reversal, they opened higher and closed lower and that is, as long, as the todays highs are not broken, a warning signal, that it could be a false outbreak; therefore I will wait, what will come the next days. Because the pictures of the indices are all the same, I post, as an example, only the es, because here it reached an 161 extension too, which also is an area, where it could come to a retreat.
Grrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr: I do not know why, but only the 1st. picture shows up in the comment, the 2nd. after 3 tries only as link; therefore should it not be visiable, please click on the link.
Grrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr: now it suddenly works again; people I have NOT ANYTHING done differently; therefore please blame not me for the problems with Gyazo.
(5266),5281,5296,5311, (5331),5346 Below 5346 after 11:30am hitting at 5331 extension. its now above or below 5331 after 2pm. it hit my cover at 5337 1/2 way , could have place at 5331 ..but i am not greedy . Below 5311 after 3pm is bearish until 5266 , 5281 is the 20Y/D 5dema.
phil1247 
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Wave lll is ongoing, meaty part of the 3 is ahead of us. No fuzz.
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..dont pay for Martins site, but saw a pay post mentioning 2026…But by the size of this anticipated 5 wave structure ( w-1 and w-2 taking 3 years), this bull could go on for many, many years 5 to 8 ?. Trick will be to catch the top of wave 3, and jump onto wave 5 in time….
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if you cant see that a massive collapse is brewing
well .. i just dont know what to tell you…
i still think grandma in kalamazoo still has 50 cents in a drawer that wall street wants before they pull the plug
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Gm phil, it could be low volumes melt up during summer time when people goes on vacation, climbing on the wall of worry.. perfect time to get out on long investment before Sep.
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..market hasnt had any summer mojo, its overdue.
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5311,(5331),5346,5361,5376,
(5396)
ES is still at chopzone after hitting 5331 on wednesday. top end 5346 and lower end of chop was tested at 5312. bulls need to hold above 5311 after 2pm to aim back at 5331/5346. still NO direction short term.
ON 20Y/D , 5dema is now at 5300, aiming top end of BB at 5361. above 18dsma 5200 is still a BULL trend.
ON 4 month time period, its looking good with ascending triangle at 5264 line, and above 5000 aiming 5500. i hope it could hit 5500 by july/aug. if it does hit, i have a multi-months set up for both bears and bulls. gonna be awesome next year.
have a nice weekend. 😂😂😂
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some may recall
GAMESTOP ………..
SHORT IT
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Target was 15
close enough
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time for a
DEAD KITTY bounce ??
LOL!!!
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good call Phil 🙂
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test of top
i dumped it all
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Phil its for the bugs 😉 Its the imitation I fish with when nothing else works, when I am totally out of mojo…
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Bonds have moved a bunch over the past several months yet the 3, 6 and 12-month etc… have basically been offering the same rates the whole time. Still getting 3-month at the same 5.35-5.40% range…??
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https://tradingonthemark.substack.com/p/the-day-ahead-pm-edition-2024-05-df7?utm_campaign=email-half-post&r=f3hrh&utm_source=substack&utm_medium=email
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i unloaded a good deal of TMF on this bond rally
started to buy some back now .small postions here
if this guy is correct we should get a good bond blast up soon ..
unloaded most 2 and 3 yr notes yesterday and starting to buy them back … mucho large positions here
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also “creepy ” called for a short term bond top yesterday .. the longer term is turning up for bonds .
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they say “size matters”.. lol
i am making about the same profit on TMF as 3 yr notes even tho 3 yr is 10 times the position size .. when i believe 30 yr is ready to rocket i will buy the cash bond
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Hallöle,
I may sound like a Tibetan prayer wheel for the poor, but I can not change the matters of facts; therefore please do not kill the newsman for bringing you the the news 😉. Today the es and nq made new ath`s and the Dow cash too. A new ath always is a buy, long, trigger, BUT all indices not only, like at the past times, have a neg. div. in the 1h-RSI`s; this time the quotations itself give a warning signal too and that in connection with a massive lag in the 1d-RSI`s. All US-indices had had an intraday reversal, they opened higher and closed lower and that is, as long, as the todays highs are not broken, a warning signal, that it could be a false outbreak; therefore I will wait, what will come the next days. Because the pictures of the indices are all the same, I post, as an example, only the es, because here it reached an 161 extension too, which also is an area, where it could come to a retreat.
https://i.gyazo.com/abd7bfa703487c918fdfdb92e931b2ec.png
Grrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr: I do not know why, but only the 1st. picture shows up in the comment, the 2nd. after 3 tries only as link; therefore should it not be visiable, please click on the link.
In this sense do not kill me.
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Grrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr: now it suddenly works again; people I have NOT ANYTHING done differently; therefore please blame not me for the problems with Gyazo.
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Like me you are a perfectionist, world doesnt cooperate vey well with us…
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😉😉😉
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2:45PM . ES resistance 34. If broken back to 42 and 51.
support still holding 24. IF broken 15 is strong.
Upside target Phil’s PT is good. 60. I have 61. next 97. (Hello schizo! )
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ES. pullback today. support 5324, strong 5315. prob LOD.
This week upside PT 5351. just my 2c.
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we are holding 5324 at the moment.
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vix i have es 60 target as long as 21 holds
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long at 27
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Good one Phil. Agree. I have. 51 next 61 (!) and 97 close to schizo PT.
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(5266),5281,5296,5311,
(5331),5346
Below 5346 after 11:30am hitting at 5331 extension. its now above or below 5331 after 2pm.
it hit my cover at 5337 1/2 way , could have place at 5331 ..but i am not greedy . Below 5311 after 3pm is bearish until 5266 , 5281 is the 20Y/D 5dema.
have a nice weekend 😂😂😂
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