Monthly Archives: October 2024

12:39 pm SPX declined beneath the 3-month median at 5770.53 to a low of  5718.18, near the 50-day Moving Average at 5697.95.  It has triggered a confirmed sell signal at 5770.00.  Should it bounce, there may be a 2-day attempt … Continue reading →

8:45 am    2 Chronicles 7:14  “If my people, which are called by my name, shall humble themselves, and pray, and seek  face, and turn from their wicked ways; then will I hear from heaven, and will forgive their sins, and … Continue reading →

7:45 am Good Morning! SPX futures declined to a morning low at 5814.50 thus far.  SPX is now beneath the Ending Diagonal trendline and Short-term support at 5820.00, reinforcing the aggressive sell signal in the past week.  An aggressive sell … Continue reading →

8:00 am    2 Chronicles 7:14  “If my people, which are called by my name, shall humble themselves, and pray, and seek  face, and turn from their wicked ways; then will I hear from heaven, and will forgive their sins, and … Continue reading →

12:00am Watch out!  BKX may be about to break down beneath its Cycle Top at 120.50, which gives investors an aggressive sell signal.  A confirmed sell signal lies beneath Intermediate support at 115.67.  The 10-year Treasury yield is back above … Continue reading →

8:00 am   2 Chronicles 7:14  “If my people, which are called by my name, shall humble themselves, and pray, and seek  face, and turn from their wicked ways; then will I hear from heaven, and will forgive their sins, and will … Continue reading →

1:32 pm SPX has fallen deep into short gamma territory beneath 5830.00.  In addition, it has declined beneath short-term support at 5798.00.  Should it bounce above this new resistance , it may rise back to 5820.  However, the aggressive signal … Continue reading →

8:00 am   2 Chronicles 7:14  “If my people, which are called by my name, shall humble themselves, and pray, and seek  face, and turn from their wicked ways; then will I hear from heaven, and will forgive their sins, and … Continue reading →

11:35 am SPX has declined beneath 5840.00 and beneath its Ending Diagonal trendline.  This may be considered an aggressive sell signal.  Confirmation may come at short-term support at 5780.34.  Past performance is no guarantee of future results.     10:55 … Continue reading →

10:25 am BKX, our liquidity proxy, made its reversal from the upper trendline of its 10-month trading channel yesterday while completing its extended Master Cycle.  A sell signal awaits it beneath its Cycle Top support at 119.22.  The Cycles Model … Continue reading →