ES Journal - 2017/2018

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thus causing the Fed to raise rates to bring in more money to pay for said cuts,

I do not understand your logic here. It seems to me that the effect of increasing rates costs the Gov more on its debt and slows the economy and thus reduces tax receipts.
 
GTC Buy Limit Scale pre set from 2375- 2399...

Reuters just spilled the beans on PPT ready to step in here again in a big way.. compliments of DJT.... Something Iv`e been saying over last 2 sessions.. as their finger prints have been all over Price Action last two sessions!
 
Good facts. Investors will never learn about the dangers of debt, even after the financial crisis.

There's more nuance to margin debt figures IMO. It rises in bulls and falls in bears, so the fact that it's been rising recently or is high relative to the past doesn't tell you anything.

The one pattern that did stand out to me when I've looked at margin debt in the past is that when margin debt rises sharply but prices don't advance much, over a period of several months, it tends to be a warning sign of a decline to come. On FriskyCat's chart you can see the pattern in 99/2000, 2007 and to a lesser extent in 2015. Doesn't seem to have happened in 2017/18 so it's clearly not 100%.
 
My anticipated PA call this week... Gap up tomorrow... dump into the 2375- 2400 Buy Target Zone... followed by multi day 100-150 Handle Rip into New Year!

Set It & Forget It... Just hope Reuters/ DJT didn`t tip my hand!

They got to close to 2400 not to break it. You will get your fills.
 
The reality is that the market started up the night Trump was elected in anticipation of his promised economic policies which he did implement which then fueled the market to historic highs. The Fed trying to cool this economic growth for fear of inflation has encumbered the market with interest rate increase after increase after increase after increase and more promised. It is having its effect on the market and hopefully it does not cause the country to head into recession. The entire elite hate Trump so much that it is not beyond my suscpicious mind they they would gladly trash the economy into a long overdue recession to insure that Trump is defeated in 2020.

You let your political biases separate you from reality.
 
2019 SPX target?

Best Guess 2019.PNG
 
My anticipated PA call this week... Gap up tomorrow... dump into the 2375- 2400 Buy Target Zone... followed by multi day 100-150 Handle Rip into New Year!

Set It & Forget It... Just hope Reuters/ DJT didn`t tip my hand!

Covered All remaining shorts on the over night from Friday... am now out of Shorts & am Net long from dip to 2390... Got more to buy on next leg down... PPT on standby!
 
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