Monthly Archives: May 2024

7:45 am  I will be away for the day.  Perhaps tomorrow may bring more certainty. Good Morning! NDX futures rallied to an overnight high at 17502.50, a 57% retracement, but deflated back beneath the 100-day Moving Average at 17485.15.  The … Continue reading →

4:00 pm SPX made a 75% correction of the decline, then puked to the lows.  This is not a good sign.  Could this be the beginning of a Wave 3 decline?  Comments in the morning. ZeroHedge remarks, “Powell to traders … Continue reading →