Monthly Archives: May 2024

May 24, 2024

  10:05 am The breakout in the Ag Index that I warned you about last week has now come to pass in the GKX.  There can be no better buy signal than this.  In addition, the Cycles Model shows trending … Continue reading

Posted in Published | Comments Off on May 24, 2024

May 23, 2024

 1:19 am SPX may be threatening to make a Key Reversal today.  A decline beneath 5286.00 may make it occur.  Should it happen, the top is in.  Forget about all the happy talk.  The party may be over. ZeroHedge notes, … Continue reading

Posted in Published | Comments Off on May 23, 2024

May 22, 2024

9:35 am \ BKX, our liquidity proxy, shows the need for a final probe higher, possibly to 111.50.  Today is day 257 of the current Master Cycle.  The final probe may be complete by Friday.  The Fed rescue of the … Continue reading

Posted in Published | Comments Off on May 22, 2024

May 21, 2024

11:36 am The Agriculture Index has found support at the 50-day Moving Average at 385.35 and is moving toward the upper trendline near 400.00.  A breakout above that level puts the Ag Index in a firmly bullish trend that may … Continue reading

Posted in Published | Comments Off on May 21, 2024

May 20, 2024

7:30 am Good Morning!  Have you prayed this morning? SPX futures have consolidated between 5306.00 and 5314.00 thus far this weekend.  All seems quiet this morning, the consensus seems to think things are getting better despite deteriorating conditions domestically.  Iran’s … Continue reading

Posted in Published | Comments Off on May 20, 2024

May 17, 2024

7:30 am Good Morning!  Are you praying?  Today is Nineveh 40 days minus 1. SPX futures are flat this morning, with only a 10-point trading range overnight near 5300.00.   The Master Cycle high may have been made yesterday, on day … Continue reading

Posted in Published | Comments Off on May 17, 2024

May 16, 2024

10:35 am SPX is in a “throw-over” mode above the Cycle Top and upper trendline at 5305.00.  An aggressive sell signal may be made beneath 5305.00.  A trendline (confirmed) sell signal may be available beneath 5275.00.  Sentiment appears at an … Continue reading

Posted in Published | Comments Off on May 16, 2024

May 15, 2024 Three days to the Nineveh Cycle

2:26 pm SPX has made its target.  Prepare for a reversal.  An aggressive sell signal may be made beneath the 2-hour Top at 5290.00.  Confirmation lies beneath the 50-day Moving Average at 5148.50.   9:55 am SPX is approaching its … Continue reading

Posted in Published | Comments Off on May 15, 2024 Three days to the Nineveh Cycle

May 14, 2024The Nineveh Cycle is Fast Approaching

3:28 pm SPX has reached its next resistance at 5250.00, which may ordinarily be the end of the rally.  Today’s structure that triggered the probe higher was a Triangle formation that allows a final surge before the end of the … Continue reading

Posted in Published | Comments Off on May 14, 2024The Nineveh Cycle is Fast Approaching

May 13, 2024

8:30 am Good Morning! SPX futures made a weekend high at 5236.00, missing Friday’s high at 5239.66.  Today is day 255 in the Master Cycle.  There may be an allowance for a new marginal all-time high, but a full week … Continue reading

Posted in Published | Comments Off on May 13, 2024