Rio, Market Catnician
musingtrader.bsky.social
Rio, Market Catnician
@musingtrader.bsky.social
Following the trading herd
May 30, 2025 at 6:20 PM
I'm posting this chart here for no reason whatsoever.
It has absolutely no relevance to current events and therefore cannot, I repeat, cannot be taken as a cautionary tale.

/s

h/t: Kyla Scanlon
April 8, 2025 at 2:57 PM
It might've been a tumultuous week in DC but on Wall Street, after a hotter-than-expected CPI followed by a cooler-than-expected PPI, lethargic is more like it.

5800-ish is still key $SPX support and 6400-ish is still the measured move target, should 6100-ish capitulate.

Thank you for reading.
February 17, 2025 at 2:06 PM
The index will have to finally shake free of that 5850-ish to 6100-ish zone it's been stuck in for two months.

Below that, we have the all-important 5700-ish support.

Above, we logically (not that there's that much logic in markets!) now have a measured move target of 6250-ish.

🙏🙏👊🍻
January 5, 2025 at 8:07 PM
Socrates knew about the normal distribution!

This from Plato's The Last Days of Socrates:
November 13, 2024 at 9:06 PM
The potential double-top is goading us, the potential measured move to 6200-ish is enticing us, and the August 5th low @ 5100-ish is daring us.

Enjoy the Labor Day weekend!

🙏🙏👊🍻
August 31, 2024 at 8:53 PM