Monthly Archives: September 2021

September 16, 2021

3:46 pm SPX appears to have completed its retracement (Wave 2).  Time to sell.  The retracement was comparatively weak, lesss than the 50% expected at 4490.52.  This market is going down.   7:30 am Good Morning! SPX futures are lower … Continue reading

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September 15, 2021

1:24 pm SPX  has retraced most of the way to its trendline near 4485.00.  The 50% retracement value is 4490.78.  Currently it has gone to 4479.91, just above the 38.2% Fib retracement at 4477.72 in a Wave [a] of 2.  … Continue reading

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September 14, 2021

1:23 pm I finally figured that the problem with my charts originated at Google.  However, the new search engine doesn’t work the same.  It will take some getting used to.  As you can see, the SPX is on a chart … Continue reading

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September 13, 2021

12:50pm SPX has dropped to 4453.63, a new low nad beneath the trendline at 4463.58.  This is a chart sell signal, having broken the Ending Diagonal formation to the downside. The 50-daqy Moving Average is at 4421.45 and is the … Continue reading

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September 10, 2021

4:00 pm SPX gave us a probable sell signal, pending results which may not come in until Monday morning.  Most analysts are expecting a 10% decline.  However, we have 43 calendar days (30 market days) of decline as opposed to … Continue reading

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September 9, 2021

7:45 am Good Morning! I am dealing with a sprained wrist in a cast, which may explain possible typos in the text. The September 2 high at 4545.85 on Day 267 remains the high for this Master Cycle. SPX futures … Continue reading

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September 8, 2021

1:42 pm Today’s action brings us to a pivot point in the charts.  NDX edged to a new all-time high at 15701.40 yesterday while completing an impulsive pattern.  SPX kept its September 2 high at 4545.85 with a sloppy pattern … Continue reading

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September7, 2021

8:05 am Good Morning! I spent the week in St.Louis with my mother who was in the hospital.  When I arrived, there were doubts about her condition, which is inoperable for a 90-year ole woman with a heart condition.  However, … Continue reading

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