Author Archives: tonych

1:00 pm SPX has fallen through short-term support at 6040.00.  The next support lies at 5957.21.  The Cycles Model does not anticipate a significant bounce until Fed day (Wednesday).   7:45 am    The Lord’s Prayer Our Father, who art in … Continue reading →

12:45 pm Correction:  This morning I mentioned that Bitcoin had made its secondary high yesterday at 101979.09.  Instead, it made its retracement high this mid-day at 102598.04.  The balance of this morning’s report is largely correct.   12.25 pm BKX … Continue reading →

1:30 pm NDX is completing a new all-time high, while SPX and INDU may have already made theirs last Friday.  One reason for this lengthy rally in NDX is the fact that it has advanced for 4.3 months from the … Continue reading →

1:23 pm SPX may be ready for a probe to the 50% retracement value at 6074.42, or possibly higher over the next few market hours.  Most investors do not perceive the change of trend, as small as it is.  However, … Continue reading →

3:26 pm Bitcoin has tumbled beneath short-term support at 96720.00.  This offers an aggressive sell signal (lighten your long positions).  Today is day 270 in the old Master Cycle.  The chance of a new ATH is miniscule.  Instead, one should … Continue reading →

3:05 pm SPX is challenging the lower trendline of the Ending Diagonal and the Cycle Top support at 6078.00 after being repelled at the upper trendline at 6100.00.  You may consider this an aggressive sell signal, especially if it closes … Continue reading →

2:58 pm There’s not much room left in this Ending Diagonal.  A breakdown occurs at 6069.00 where one finds the daily Cycle Top support.   Time to lighten the longs.   7:30 am  The Lord’s Prayer Our Father, who art in … 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 →

7:45 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, … Continue reading →

8;15 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, … Continue reading →