The Martians Have Landed – Will the Stock Market Follow?

The Martians Have Landed – Will the Stock Market Follow?

Twitter Meme - Globalist Constant Barrage of Psychological Operations

Good Morning:

  • I will avoid the usual rant as much as possible this morning, but…
  • UFOs spotted above major cities over the weekend? Five continents, including China?
  • When was the last time the U.S. shot down five “objects” over our country? Wag the Dog?
  • Welcome Project Blue Beam. Project Blue Beam is a “conspiracy theory” that supposes that the U.S., through NASA and in concert with like-minded world governments , stages a fake alien invasion with laser holograms and balloons (think Orson Welles and War of the Worlds) to unite the world into accepting the New World Order and world government vis a vis Davos and the World Economic Forum. Klaus Schwab (white kitty in hand) would be our new leader!
  • Now, I would not believe in conspiracy theories if they would stop coming true. And it is factually true that our technology is sophisticated enough to trigger enemy radar while projecting holograms of fleets of planes ready to attack them. The Globalist Cabal can even project a hologram of Angels and the Second Coming of Jesus Christ in the sky if they so desire.
  • Why are laser beams all of a sudden coming down into Hawaii from satellites? Are there satellites that are hologram projectors?
  • You decide, but the cabal will continue to hit us with waves of fear mongering until we submit to their rule.
  • And how will we all die? It will be the “Boy Who Cried Wolf” syndrome. Something real will come along, and nobody will believe the government. They have lost all credibility.
  • I would love to be a fly on the wall in one of the rooms where these evil, chicken-shit bastards make their plans.
  • Either we take out the Globalist Cabal or they will take us out or enslave us. They want few humans and more robots. We are “Useless Eaters” in their twisted view of the world. I wish it weren’t so.
S&P 500 Index Futures - Market Turn Forecast 2023
S&P 500 Index Futures - Market Turn Forecast 2023
  • Meanwhile, back at the stock market, we had the expected mean reversion last week, with the market bouncing off the 21-day line.
  • Price spun a rejection tail off the line Friday and has done the same overnight.
  • Notably, overnight traders could not reach Friday’s low and took out Friday’s high. Thus far, this is bullish behavior as we approach the CPI inflation report tomorrow before the NYSE Open.
  • Also, our forecasting algorithms booked Friday and today as reversal dates.
  • That would certainly be consistent with the fact we are at the lower line of the tight pullback bull channel on the daily chart.
  • Also, the rally to the August 2022 high does not seem complete. We expected the market to rally through the second or third week of February to the 360^ mark at the August high before an intermediate correction into early March.
  • And though the mean reversion seems a light pullback, it tagged the 20-week FLD and bounced, indicating that the bull is strong enough to dampen Hurst Cycle Wave amplitudes.
  • The bears have their arguments but cannot seem to hold the tape in the face of such strong technicals.
  • So, naturally, price comes into tomorrow’s inflation report at an inflection point.
  • We will see if today’s price action sheds any more light on the subject, but it isn’t very likely.
  • Closes above the 5-day EMA will cause me to turn bullish, and closes below the mean should trigger us to be bearish.
  • This has been a strong rally, and any doubts should favor a bullish outcome.
  • Meanwhile, the Navigator Algorithms went to cash near the recent high of 4208.50 and are now neutral.
  • I will be in the Trading Room tomorrow and Thursday this week.

A.F. Thornton

AF Thornton

Website: https://tradingarchimedes.com

A.F. "Arthur" Thornton is an expert in logic, risk/reward quantification, market fractals, pattern recognition and asset class behavioral analysis with 34 years devoted to developing algorithmic and quantitative trading systems. In addition to trading his own capital, Mr. Thornton designs custom algorithmic and quantitative trading systems for a small and exclusive group of exceptionally qualified traders.

Subscribe!

Free Blog content and videos delivered to your email.

Health and Wealth Podcast Coming Soon!

We value your privacy, never sell your information, and detest spam!