Author Archives: tonych

2:34 pm VIX appears to be on the rebound after making a new low  at 18.68 on its Trading Cycle.  This was unexpected and caused me to rethink the Cycles structure.  While today’s low may be the basis for a … Continue reading →

11:21 am NDX has now declined beneath the Lip of its Cup with Handle formation.  The Cup with Handle formations may target the bottom of Wave [3].  This may happen as early as the end of April, which also corresponds … Continue reading →

3:16 pm NDX continued its decline after an 82% retracement.  It has fallen back beneath its Short-term support at 12 891.92, which has made a bearish cross of the mid-Cycle and 50-day lines.  If this is a short squeeze, it … Continue reading →

8:45 am I will be away for the next 5 days to visit my eldest son and his family.  I’ll be back for commentary on March 24. NDX futures declined to a low of 12951.50, on a sell signal beneath … Continue reading →

3:16 pm SPX made a marginal new all-time high at 3983.87.  It may go even higher, as I mentioned this morning.  However, it has made the requisite number of Waves within the time allotted in the Master Cycle (261 days).  … Continue reading →

3:25 pm NDX has challenged the 50-day Moving Average at 13146.49.  Although it has bounced above it, it may close beneath it, creating a sell signal.  Best wishes! ZeroHedge comments, “With less than 24 hours to go until one of … Continue reading →

7:30 am Good Morning! Good Morning and welcome to the Ides of March! The DJ 30 futures made a modest new (all-time) high this morning at 32821.50 on day 262 of its Master Cycle.  It has exceeded its Cycle Top … Continue reading →

10:40 am TNX has made a new high at 10.39 this morning, increasing the jitters in equities.  There are two possible patterns hare, both ultimately leading to higher yields.  The first is that the Master Cycle, which corresponds with Primary … Continue reading →

12:24 pm TNX bounced back above 15.00 after a brief foray beneath it.  Today may be the last show of strength as TNX is due for a decline that may take it down to the 50-day Moving Average.  A Trading … Continue reading →

2:36 pm The DJIA has made yet another all-time high while the SPX refuses to go down and it remains within 40 points of its high.  Tomorrow is day 258 for the Dow Cycle, only three days earlier than the … Continue reading →