Monthly Archives: October 2021

October 29, 2021

7:30 am I will not be blogging on Monday, November 1.  I will be attending my mother’s funeral. Good Morning! SPX futures came down to a morning low of 4567.50.  Today is day 275 in the Master Cycle, after which … Continue reading

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October 28,2021

10:01 am BKX, our liquidity proxy, has fallen beneath its Cycle Top at 139.91, putting it on an aggressive sell signal.  The tightening trading bands suggest a strong move down should the Cycle Top resistance hold.  This is the one … Continue reading

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October 27, 2021

3:45 pm  A website outage occurred shortly after this was posted. 6:00 pm, TNX futures dropped to 15.20 before bouncing to 15.50 this evening, possibly completing its Wave [ii] correction.  This prepares it for the burst of strength tomorrow and … Continue reading

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October 26, 2021

11:44 am VIX did not make a new low this morning and does not appear to agree with the ramp in the SPX.  Wave (C) of Primary Wave [3] are wonders to behold, paraphrasing from Robert Prechter in Elliott Wave … Continue reading

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October 25, 2021

7:40 am Good Morning! The Dow Jones Industrials made a new all-time high on Friday, but the weekend futures only managed to consolidate within Friday’s trading range.  It is possible that Friday’s high on day 266 of the Master Cycle … Continue reading

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October 22, 2021

8:00 am Good Morning! SPX futures are now testing the Cycle Top resistance at 4555.49 on day 266 of the Master Cycle.  Though unexpected, this should not be considered out-of-the ordinary as Cycles may expand or contract based on various … Continue reading

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Ocober 21, 2021

10:20 am SPX may have made its secondary high this morning, exactly 34.4 market days from its all-time high.  Noting confirmed yet.  Just though you’d like to know.   8:20 am Good Morning! The Industrials made a new all-time high … Continue reading

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October 20, 2021

3:05 pm You may recall that in early September when the SPX finished its 5th Wave, I noted that it was missing in the DJIA.  Well, here it is.  The SPX, while very close, has not made a new high.  … Continue reading

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October 19, 2021

8:00 am Good Morning! SPX futures are now above 4500.00 as Intermediate Wave (B) continues its ascent on borrowed (literally) time.  Today is day 262 of the current Master Cycle.  Since Cycles are organic, so inputs, such as cash, tend … Continue reading

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October 18, 2021

7:50 am Good Morning! SPX hit its lesser targer at 4475.00 on Friday, day 259 of the Master cycle.  Friday was calendar day 43 from the all-time high.  Now for the decline. SPX futures made a low of 4450.10 this … Continue reading

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