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dcarter8883312
Excellent Peter!
Love the idea of intraday updates when targets are given or canceled.
I agree with your belief the next down leg should start over the next day or two. ~Dorothy
dcarter8883312
ESH Just took out yesterday’s Low on Inflation European News:
Spain 🇪🇸 Preliminary February CPI preliminary Harmonized 6.1 % Vs 5.7% Hotter🔥Than Expected
France 🇫🇷 February CPI Came in 7.2% 🔥 Vs anticipated 7%
~Dorothy
Last updated
dcarter8883312
brian1469 said:
Can we get below 3968.75 midpoint on the ES today?
Need a pretty good down day to invalidate the 48.4/55.3 Upper projection. It gets harder to invalidate after today
Probably not today but
3-1 through 3-3 my guess is Yes. Katie Stockton sees 10 yr short term getting above 4% next resistance 4.34. Stocks won’t like that. It’s no longer a TINA market.
~Dorothy
dcarter8883312
brian1469 said:
dcarter8883312 said:
brian1469 said:
Can we get below 3968.75 midpoint on the ES today?
Need a pretty good down day to invalidate the 48.4/55.3 Upper projection. It gets harder to invalidate after today
Probably not today but
3-1 through 3-3 my guess is Yes. Katie Stockton sees 10 yr short term getting above 4% next resistance 4.34. Stocks won’t like that. It’s no longer a TINA market.
~Dorothy
The problem is the continuum drops all the way down to 3837 by the 3rd of March. Would need a big move down for that to happen. But this market is due and seems to be running on fumes
dcarter8883312 said:
brian1469 said:
Can we get below 3968.75 midpoint on the ES today?
Need a pretty good down day to invalidate the 48.4/55.3 Upper projection. It gets harder to invalidate after today
Probably not today but
3-1 through 3-3 my guess is Yes. Katie Stockton sees 10 yr short term getting above 4% next resistance 4.34. Stocks won’t like that. It’s no longer a TINA market.
~Dorothy
dcarter8883312 said:
ESH Just took out yesterday’s Low on Inflation European News:
Spain 🇪🇸 Preliminary February CPI preliminary Harmonized 6.1 % Vs 5.7% Hotter🔥Than Expected
France 🇫🇷 February CPI Came in 7.2% 🔥 Vs anticipated 7%
~Dorothy
brian1469 said:
dcarter8883312 said:
brian1469 said:
Can we get below 3968.75 midpoint on the ES today?
Need a pretty good down day to invalidate the 48.4/55.3 Upper projection. It gets harder to invalidate after today
Probably not today but
3-1 through 3-3 my guess is Yes. Katie Stockton sees 10 yr short term getting above 4% next resistance 4.34. Stocks won’t like that. It’s no longer a TINA market.
~Dorothy
The problem is the continuum drops all the way down to 3837 by the 3rd of March. Would need a big move down for that to happen. But this market is due and seems to be running on fumes
The same profile that said 2-21 was going to be a big down day is showing sharp drop especially 3-1 & 3-3. Could see Globex whipsaw on 3-2 but look down into 3-7 then 2 day bounce into 3-9 and then down resumes. My guess Peter will get what he calls cascading downside targets. Look at weekly chart on ESH. My guess is we take out 3947.50 by Friday.
~Dorothy
Last updated
dcarter8883312
Check out DJIA Daily chart. It is close to breaking down below neckline of broadening Top. It wasn’t too long ago the DJIA was the strongest index.
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Excellent Peter! Love the idea of intraday updates when targets are given or canceled. I agree with your belief the next down leg should start over the next day or two. ~Dorothy
ESH Just took out yesterday’s Low on Inflation European News:
Spain 🇪🇸 Preliminary February CPI preliminary Harmonized 6.1 % Vs 5.7% Hotter🔥Than Expected
France 🇫🇷 February CPI Came in 7.2% 🔥 Vs anticipated 7% ~Dorothy
Last updated
Probably not today but 3-1 through 3-3 my guess is Yes. Katie Stockton sees 10 yr short term getting above 4% next resistance 4.34. Stocks won’t like that. It’s no longer a TINA market. ~Dorothy
The same profile that said 2-21 was going to be a big down day is showing sharp drop especially 3-1 & 3-3. Could see Globex whipsaw on 3-2 but look down into 3-7 then 2 day bounce into 3-9 and then down resumes. My guess Peter will get what he calls cascading downside targets. Look at weekly chart on ESH. My guess is we take out 3947.50 by Friday.
~Dorothy
Last updated
Check out DJIA Daily chart. It is close to breaking down below neckline of broadening Top. It wasn’t too long ago the DJIA was the strongest index.
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