Monthly Archives: September 2023

2:55 pm It appears that the Ag Index is finally making its Master Cycle bottom.  on day 262.  I noticed that stores are having sales on canned foods as they move out last year’s crop and make way for this … Continue reading →

1:45 pm SPX has made a partial rally to the neckline at 4335.00.  The balance of the rally may be finished by tomorrow morning.  Its time to go short again either before the close today or early morning. ZeroHedge remarks, … Continue reading →

1:25 pm SPX is deep into short gamma, thanks to the 0DTE traders.  This morning I mentioned a put wall at 4260.00.  It had over 3200 put contracts.  Now another put wall at 4250.00 with 5961 put contracts is being … Continue reading →

10:59 am The Ag Index made a lower low in my absence.  The current Master Cycle may have another day to run out, as tomorrow may be a final day of strength and a reversal at the same time.  This … Continue reading →

Please note:  This may be may last newsletter for the month of September.   12:23 pm BKX may be completing a small retracement (short squeeze).  Overhead resistance is at 83.9, if needed.  The Cycles Model suggests a decline may resume to … Continue reading →

7:45 am Good Morning! I am preparing for a month-long trip which may take me away from this newsletter.  Today’s report may be shortened. SPX futures are positive this morning, having risen to 4480.00, above the 50-day Moving Average at … Continue reading →

12:43 pm SPX has met the 50-day Moving Average target in the allotted time required.  The decline may resume shortly.   7:30 am I am leaving early for a half-day event and may return for commentary this afternoon. Good Morning! … Continue reading →

8:00 am Good Morning! SPX futures have made a morning low at 4445.70 thus far, testing short-term support at 4444.00 (not shown on the daily chart).  It is on a sell signal with the next nearest visible support being the … Continue reading →

1:55 pm VIX has exceeded it 50-day Moving Average at 14.79, giving a confirmed buy signal.  This new Cycle may last into October.  Plan accordingly.     10:48 am SPX declined beneath its 50-day Moving Average, producing a confirmed sell … Continue reading →

8:10 am Good Morning! SPX futures consolidated between 4516.10 and 4495.10 over the holiday weekend, exceeding the Thursday and Friday lows.  It has completed a 5-week shallow Master Cycle, leaving a Head & Shoulders formation to inform us as to … Continue reading →