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Category Archives: Published
December 11, 2023
9:56 am BKX, our liquidity proxy, has slipped beneath its Cycle Top at 88.88. Friday’s peak at 88.95 was on time at day 259. Although there is an outside possibility of probing to the neckline at 90.50, the upside risk … Continue reading
December 8, 2023
8:30 am Sorry for the delay. Internet issues being resolved. Good Morning, NDX futures have fallen back beneath short-term support at 15906.84, but appears to be bouncing. NDX is on an aggressive sell and is expected to show increased volatility. … Continue reading
December 7, 2023
10:31 am BKX, our liquidity proxy, has met its Cycle Top yesterday at 88.56 on day 257 of the Master Cycle. It has made a Key Reversal, as well. The month-long rally in BKX mirrored the decline in TNX within … Continue reading
December 6, 2023
10:50 am BKX has hit the Cycle Top at 88.56 this morning and may be in reversal, as it has declined to 88.04 as I write. 9:46 am BKX, our liquidity proxy, is fast approaching its nemesis, the Cycle Top … Continue reading
December 5, 2023
10:45 am GKX appears to be on a buy signal, but with only 1-2 weeks left in the current Master Cycle, there is a risk of another low. Liquidity is becoming rarer and some domestic agricultural commodities are still declining. … Continue reading
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December 4, 2023
3:50 pm BKX is nearing its Cycle Top resistance at 88.43 today, day 255. That means a high likelihood of a reversal tis week. The Head & Shoulders target is still active and may influence the outcome of the new … Continue reading
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December 1, 2023
2:30 pm SPX may have hit its final resistance at 4600.00 that I had announced on Monday. Let’s see if it sparks a reversal. Another interesting point. At 1:00 pm today the SPX concluded exactly 31.42 market days (PI = … Continue reading
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November 30, 2023
2:55 pm As mentioned before, NDX may be the first index to give a sell signal. Be prepared for a bounce to 16000.00-16060.00 before a larger reversal down. A decline beneath short-term support at 15744.00 confirms the aggressive sell. The … Continue reading
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November 29, 2023
7:45 am Good Morning! My vision is coming back, but not 100%. I will do my best to give a shortened summary. NDX futures are consolidating beneath Last Wednesday’s high. Since NDX has lost its leadership in the rally, it … Continue reading
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November 27, 2023
10:25 am BKX, our liquidity proxy, has been repelled from the 200-day Moving Average, currently at 83.11, twice thus far. It may be considered on an aggressive sell signal with confirmation at the mid-Cycle support/resistance line at 80.90. The Fed … Continue reading
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