Category Archives: Published

December 6, 2022

10:15 am SPX has broken through the rally trendline at 3990.00, further confirming the sell signal.  The next target is the 50-day Moving average near 3814.96 – 3818.00(daily chart). ZeroHedge observes, “All of the US majors are in the red … Continue reading

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December 5, 2022

2:17 pm SPX is testing Short-term support at 3990.95.  Crossing beneath it would be a further confirmation of the sell signal.  Mike Wilson was the first analyst to mention a rally to 4100.00.  He is now saying, “It is done.” ZeroHedge … Continue reading

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December 2, 2022

9:47 am TNX extended its Master Cycle low this morning to day 276.  However, it has reversed to a higher level.  This may be considered an aggressive buy signal, but not confirmed until TNX rises above the 50-day Moving Average … Continue reading

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December 1, 2022

8:00 am Good Morning! SPX futures are flat this morning after reaching a morning high of 4099.20.  At 279 days, the current Master Cycle is very long in the tooth.  As I had mentioned, SPX is in a (B), E, … Continue reading

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November 30, 2022

3:35 pm SPX at 4100.00?  Usually the mid-Cycle resistance at 4027.23 would be the stopper for this rally.  However, due to other analysts calling for the SPX at 4100.00 I put the trendline across all the tops since January, not … Continue reading

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November 29, 2022

2:55 pm SPX bounced off Short-term support at 3936.50 and attempted a retracement which may have failed.  While it may have avoided short gamma at 3940.00 the first time, it may be revisiting it into the close. ZeroHedge advises, “In … Continue reading

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November 28, 2022

2:09 pm SPX is on an aggressive sell signal which may not be confirmed until it reaches/passes Short-term support at 3922.41.  The decline may persist until mid-Cycle support and trendline at 3821.71 where it may bounce.  However, this decline may … Continue reading

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November 25, 2022

9:15 am Good Morning! SPX futures reversed yesterday from a high at 4040.00 and continued to decline today, a Cyclical Pivot day and day 272 if the old Master Cycle.  The new Master cycle may prove to be short, but … Continue reading

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November 23, 2022

3:25 pm SPX has completed 30 trading days from the October 13 low, completing its final retracement push.  I had previously mentioned that Friday would be a day of strength and a pivot day, to boot.  It would be wise … Continue reading

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November 22, 2022

8:15 am Good Morning! SPX futures rose to 3968.50 this morning on light trading as it bounces between the 100-day Moving Average at 3908.97 and the mid-Cycle resistance at 4036.48.   Today is day 271 of the Master Cycle and the … Continue reading

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