Tuesday Show Note

There’s really nothing new to add to the current state of the “markets” except to say: The insanity continues. i.e., the possibility of WWIII is the perfect reason to BTFD! (buy the f’n dip)

Here’s all I’m going to say on this matter as it continues: It is what it is, till it ain’t. And no, I have not changed my thoughts. i.e., I believe these “markets” are on the precipice of some cataclysmic event that will shock many to their core. Just don’t tell the machines.

Speaking of machines…

All I’m going to add to the above is a chart of what transpired today using the same chart I’ve been annotating only today via one minute increments showing the entire day session. To wit:

(Chart Source)

What I would like to point out, is that the entire trading day is contained within that blue highlighted channel. What that signals to me via my technical eye? You already know, right?

“It’s all just a bit too technical.”

But I will add another today: and a bit too mechanical.

As I keep saying, the machines are finding it harder and harder to hide their tracks. So much so, I’ve numbered what I see and how how I’m seeing it. Could I be wrong? Of course, but look at it yourself and you decide, as it should be. And if you are looking closely? Just look at the progression prior within that circle leading up to the gap. Look a bit too mechanical there also?

Hint: did somebody just break out a techno beat box?

We’ll discuss this and more tomorrow. See you then.

© 2022 Mark St.Cyr

Note: This is not trading or investing advice of any sort. This commentary is for “big picture” discussion purposes only. Please read, or re-read the “About This Site” page for any questions or clarifications.