Category Archives: Published

Juune 23, 2021

7:05 am Good Morning! My eldest daughter is getting married tomorrow and, being the father of the bride, I have a lot of responsibilities over the next two days.  I may not be able to comment as often as I … Continue reading

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June 22, 2021

8:25 am Good Morning! SPX made the 61.8% retracement level, but may not be finished.  SPX futures are mildly positive, but no breakout above yesterday’s futures high at 4224.88.  Friday’s low appears to be the bottom of Wave 1.  Yesterday’s … Continue reading

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June 21, 2021

2:10 pm SPX tested Short-term resistance at 4224.12 and pulled back.  That may be a sufficient move for a reversal.  Make sure that you have at least a partial short position, although I would venture to say that this is … Continue reading

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June 18, 2021

7:45 am Good Morning! NDX futures remained glued to the Cycle Top at 14197.84 during most of the overnight session.  Tis morning near 6:30 am the futures began their descent, but remain above 14100.00 as I write.  The trendline at … Continue reading

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June 17, 2021

7:45 am Good Morning! NDX futures sold off to 13842.12, then bounced to 13939.88 ion a partial recovery.   It is on a sell signal with further confirmation at the 50-day Moving Average at 13689.74.  The immediate target is the March … Continue reading

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June 16, 2021

3:14 pm TNX has broken above its 100-day Moving Average and is testing the 50-day Moving Average at 15.98.  With the Master Cycle low last Friday, an aggressive buy signal (Sell UST) with confirmation at the 50-day.  Friday appears to … Continue reading

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June 15, 2021

3:45 pm TNX remains fixed at the 100-day Moving Average during a 20-year auction which just closed at 1:00 pm.  This comes in the category of, “What were they thinking?” ZeroHedge reports, “Coming several days after the trifecta of benchmark … Continue reading

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June 14, 2021

10:30 am That resolved quickly.  VIX made a new Master Cycle low this morning at 15.04 and quickly reversed on a belated day 271 of its Master Cycle.  While SPX and NDX haven’t made any sizeable moves yet, the VIX … Continue reading

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June 11, 2021

7:30 pm TNX may have made its Master Cycle low today at day 255 in the Cycle.  The Elliott Wave structure also appears complete.  While there may be a small probability of a further low on Monday,  the highest probability … Continue reading

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June 10, 2021

9:45 am Back in April I had posted a target for the SPX at 4250.00.  Then I forgot about it as The May 7 high rolled by.  Well, it was resurrected this morning. ZeroHedge proclaims, “Traders bid up US equity … Continue reading

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