NEW - For the first time, the super-rich 1% in the U.S. has a larger share of wealth (27%) than the entire middle class (26.6%), according to Federal Reserve data. pic.twitter.com/SuJk3F3QHS— Disclose.tv (@disclosetv) October 18, 2021
Here's one fact that sometimes gets lost in all the stories about supply chains, shortages, and ruminations about the death of globalization::— Shawn Donnan (@sdonnan) October 18, 2021
The global economy is on track to see more goods traded around the world than it ever has in 2021. https://t.co/9R2n5OcVbF pic.twitter.com/ErVgxfMT4U
OIL PRICES in historical perspective. Whether real prices are only slightly above average or already fairly high depends on the time frame chosen for comparison: pic.twitter.com/kucKhPwNjZ— John Kemp (@JKempEnergy) October 18, 2021
Last week was big for #ES_F bulls breaking out of a 1 month bull flag & reclaiming 50dma. This week tells if it was a bull trap. Was looking for a pullback off ~4465 to start & underway— Adam Mancini (@AdamMancini4) October 18, 2021
Plan today: More dip. Supports=4432, 4415. Ideally bulls hold 4415 to open next leg to 4515 https://t.co/nud8eNmkjK
BIG 3 Revisited: (1) today is significant, as MSFT made an ATH, signaling more upside. (2) AMZN & AAPL seem to work on the rebound w-2--even if this is indeed w-2, they still point to a bit higher potential. (3) for any bear case to materialize, SPX HAS TO turn back down here.
Red Line: (1) if SPX gets a higher high tmrw [>4488], then it is almost certain that ATH is in sight. (2), the other option would be a higher-level triangle W-4 is ongoing, with the current up-leg is w-b. (3) notice today's high at 4488 is exactly 78.6% of retrace, a RED LINE.
Dumping into strength. #ES_F 4478 held wowser the size of those blocks that came in at my target. Overnight will can see a nasty pullback or tomorrow.— 𝕋𝕙𝕖𝔹𝕖𝕤𝕋𝕋𝕣𝕒𝕕𝕖𝕣𝕤 🎯👍🎯 (@ThePivotKing) October 18, 2021
Dumping again folks into strength just like the last top on ES $QQQ $IWM pic.twitter.com/2qmKwGcMch
$SPX broke above 4480. The 1st VST low after the Oct. 4 low happened on Oct. 13. That makes Oct. 22 a potential ST low. If it closes higher tomorrow the odds are starting to shift in favor of Friday being a high rather than a low, and for SPX going to 4545 without a pullback. pic.twitter.com/29Kme47gyf— CyclesFan (@CyclesFan) October 18, 2021
A truly impressive move in $TSLA since that major bottoming pattern in June...— Traderstewie (@traderstewie) October 18, 2021
Punched thru that first $800 target like it wasn't even there.
Stock is now accelerating higher towards $900 like a moth to a flame....
$1000 looks like the most likely ultimate target, imo pic.twitter.com/NxAFGTPhmJ
The American Dream Is Dead And Bitcoin Has Replaced It https://t.co/0RyWCGQV9I— zerohedge (@zerohedge) October 18, 2021