Monthly Archives: March 2022

March 31, 2022

7:00 am Good Morning! I am getting an early start because I am spending time this morning with three granddaughters, all under the age of 5.  Yikes!  I am “re-using” charts from yesterday afternoon, since StockCharts appears to be down.  … Continue reading

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March 30, 2022

3:05 pm SPX appears to be crossing its Ending Diagonal trendline at or near 4595.00.  It’s time to start put on short positions. Good luck and good trading!   8:05 am Good Morning! SPX futures dipped to a morning low … Continue reading

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March 29, 2022

12:15 pm VIX has stretched its Master Cycle to 273 days, an unusually long stretch.  However, there is some light at the end of the tunnel, as Wave (c) reaches equality with (a) at 18.51.  The stretch may be over, … Continue reading

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March 28, 2022

2:12 pm I reported last week that the March 17 low in GKX may have been ins Master Cycle low on day 251.  Today is day 262 and no new lows have been made.  It appears that the mid-Cycle support … Continue reading

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March 25, 2022

7:45 am Good Morning! I am off to an early start as I am going steelhead fishing with my son and grandson on the Pere Marquette river.  The fish are running in high water and we expect snow over the … Continue reading

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March 23, 2022

8:30 am Good Morning! SPX futures are challenging the mid-Cycle support at 4492.00 this morning, giving the first hint of a reversal.  The mid-Cycle line offers an aggressive sell signal.  Today’s expiring options are positive above 4475.00 and turn negative … Continue reading

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March 22, 2022

2:57 pm Today is day 246 of the current Master Cycle.  This may be an early Master Cycle top for three reasons; First, the VIX has made a Master Cycle low today and the NYSE Hi-Lo Index (a leading indicator) … Continue reading

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March 21, 2022

10:00 am SPX may have peaked with a 17.2 market day rally from the February 24 low.  I had mentioned on Friday that it was day 17, but did not know whether it would extend to the full Cyclical complement … Continue reading

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March 18, 2022

1:47 pm SPX is approaching its 50-day Moving Average at 4444.31.  It may overshoot, but the rally is very extended.  Prepare to go short.  Pick your spot and hang on! ZeroHedge comments, “In late 2021 we noted a gaping divergence … Continue reading

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March 17, 2022

8:30 am The Shanghai Composite Index rallied to 3260.17 before easing back, closing the gap.  With six weeks to go to the next Master Cycle Pivot, there is little or no chance of recovery.  While the bounce looks impressive, it … Continue reading

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