Monthly Archives: February 2024

8:15 am NDX futures have risen to 17636.00 thus far as it attempts to rise above the mid-Cycle high at 17682.29.  Large investors tend to run up the markets at the open to see if retail investors take the bait.  … Continue reading →

11:19 am BKX, our liquidity proxy, is consolidating above the 50-day Moving Average at 92.45 as the decline may not be capable of postponement much further.  A world-wide banking crisis is developing and the gravity of the economic black hole … Continue reading →

9:47 am BKX remains on a confirmed sell signal as it hovers above the 50-day Moving Average at 92.26.  Beneath that level is a commonly recognized sell signal.  The Cycles Model suggests the decline may continue through the end of … Continue reading →

9:30 am Good Morning! The markets woke up this morning to a stunning payroll report.  SPX futures had risen to an overnight high of 4942.10 before the report, but opened near flat.  Confusion reigns.  An aggressive sell signal awaits the … Continue reading →

10:23 am (amended) BKX has crossed beneath the Diagonal trendline and Intermediate support at 95.38, putting BKX on a confirmed sell signal.  The January 30 Master Cycle high indicates a reversal is being made.  Many analysts may recognize the sell … Continue reading →