Category Archives: Published

1:41 pm BKX, our liquidity proxy, is hovering at the 50-day Moving Average at 92.97, waiting for the trigger to be pulled.  The resumption of the decline may be unstoppable.  The banking system as we know it may be totally … Continue reading →

8:15 am NDX futures have risen to 17636.00 thus far as it attempts to rise above the mid-Cycle high at 17682.29.  Large investors tend to run up the markets at the open to see if retail investors take the bait.  … Continue reading →

11:19 am BKX, our liquidity proxy, is consolidating above the 50-day Moving Average at 92.45 as the decline may not be capable of postponement much further.  A world-wide banking crisis is developing and the gravity of the economic black hole … Continue reading →

9:47 am BKX remains on a confirmed sell signal as it hovers above the 50-day Moving Average at 92.26.  Beneath that level is a commonly recognized sell signal.  The Cycles Model suggests the decline may continue through the end of … Continue reading →

9:30 am Good Morning! The markets woke up this morning to a stunning payroll report.  SPX futures had risen to an overnight high of 4942.10 before the report, but opened near flat.  Confusion reigns.  An aggressive sell signal awaits the … Continue reading →

10:23 am (amended) BKX has crossed beneath the Diagonal trendline and Intermediate support at 95.38, putting BKX on a confirmed sell signal.  The January 30 Master Cycle high indicates a reversal is being made.  Many analysts may recognize the sell … Continue reading →

2:30 pm NDX has declined through its Cycle Top at 17252.00, putting it on an aggressive sell signal. ZeroHedge remarks, “Since The Fed’s (uber dovish) last meeting on December 13th, the dollar is down, bonds and gold are up, and … Continue reading →

1:42 pm BKX is making its final probe toward the 61.8% Fibonacci retracement value nine months after its last waterfall event.  Today is day 271 from the day of its panic low on May 4, 2023.  A new panic event … Continue reading →

8:00 am Good Morning! NDX futures remain flat near 17400 over the weekend.  A top has been made at 17665.26 on Wednesday, day 273.  Since then, NDX has eased back into “neutral” near 17400.00, neither making new highs nor breaking … Continue reading →

8:00 am Good Morning! NDX futures rose to 17474.80 this  morning after making its All-tim closing high yesterday.  The All-time intraday high was made on Wednesday.  Levels to watch for are the Cycle Top, at 17166.88, where an aggressive sell … Continue reading →