Category Archives: Published

7:45 am Good Morning! NDX futures surged to an overnight high of 13018.10, but has since subsided beneath that level.  The probability of having reached its maximum gain is high and downside risk is elevated.   The NDX Hi-Lo Index closed … Continue reading →

11:15 am The Ag Index may be reversing at the 50-day Moving Average at 457.99.  If so, it may be due for a probable sharp Master Cycle low near the 61.8% retracement level at 388.00 by the end of next … Continue reading →

10:15 am Last week I have warned of a possible short squeeze in bank stocks lasting through the rest of this week.  A combination of “good news” and the lack of bad news may aid in this analysis, however short … Continue reading →

10:13 am Despite the horrible news, BKX investors may be about to suffer a short squeeze.  The possible targets may be from 89.06 to 96.00.  Perhaps the Financial Stability Oversight Council may offer a glimmer of hope. Large speculators may … Continue reading →

10:10 am The Ag Index continues in a (more or less) flat correction that may last another two weeks.  Thus far, the Cycle Bottom has held, but may give way to a quick plunge to 400.00-430.00 in its final days, … Continue reading →

2:50 pm SPX may have reached the high point of the day as it tops over the 50% retracement level at 40.17.02.  It may be an aggressive sell candidate.  Confirmation of a sell signal comes beneath 4000.00, where we find … Continue reading →

9:00 am SPX futures are going higher after the March 13 Master Cycle low.  As expected, it was later than usual, on day 269.  The Cycles Model suggests a probable quick turn back down in the next few days.  Meanwhile, … Continue reading →

8:00 am Good Morning! SPX futures rose to 3998.00, short of yesterday afternoon’s high at 4000.47.  The 50-day Moving Average is at 3980.71, which must be broken to continue the decline.  Overhead resistance is at 4040.40.  Should the decline follow … Continue reading →

9:52 am BKX, our liquidity proxy, has a probable day left in its correction mode.  Intermediate-term resistance is at 110.30, while the 38.2 % Fibonacci retracement is at 110..70.  While it could go higher, time is running out for this … Continue reading →