Monthly Archives: March 2021

March 31, 2021

2:32 pm SPX tested the upper trendline of its trading Channel shortly after 1:30 pm.  While it may retest it by the end of the day, the Cycles Model infers that this may be the top at 275 days.  Investors … Continue reading

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March 30, 2021

7:40 am Tuesday of Holy Week Good Morning! DJIA futures are lower this morning after making a new all-time high at 33259.00.  This morning the INDU futures slid back beneath 33000.00.  Today is day 274 of the current Master Cycle, … Continue reading

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March 29, 2021

7:30 am Good Morning! NDX futures  plunged to 12807.62 in the early morning hours, then was ramped back to 12972.75 at 7:00 am.  There is blood in the water and the sharks are circling.  Prime brokers are badly wounded and … Continue reading

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March 26, 2021

2:34 pm VIX appears to be on the rebound after making a new low  at 18.68 on its Trading Cycle.  This was unexpected and caused me to rethink the Cycles structure.  While today’s low may be the basis for a … Continue reading

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March 25, 2021

11:21 am NDX has now declined beneath the Lip of its Cup with Handle formation.  The Cup with Handle formations may target the bottom of Wave [3].  This may happen as early as the end of April, which also corresponds … Continue reading

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March 24, 2021

3:16 pm NDX continued its decline after an 82% retracement.  It has fallen back beneath its Short-term support at 12 891.92, which has made a bearish cross of the mid-Cycle and 50-day lines.  If this is a short squeeze, it … Continue reading

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March 18, 2021

8:45 am I will be away for the next 5 days to visit my eldest son and his family.  I’ll be back for commentary on March 24. NDX futures declined to a low of 12951.50, on a sell signal beneath … Continue reading

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March 17, 2021

3:16 pm SPX made a marginal new all-time high at 3983.87.  It may go even higher, as I mentioned this morning.  However, it has made the requisite number of Waves within the time allotted in the Master Cycle (261 days).  … Continue reading

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March 16, 2021

3:25 pm NDX has challenged the 50-day Moving Average at 13146.49.  Although it has bounced above it, it may close beneath it, creating a sell signal.  Best wishes! ZeroHedge comments, “With less than 24 hours to go until one of … Continue reading

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March 15, 2021

7:30 am Good Morning! Good Morning and welcome to the Ides of March! The DJ 30 futures made a modest new (all-time) high this morning at 32821.50 on day 262 of its Master Cycle.  It has exceeded its Cycle Top … Continue reading

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