Category Archives: Published

8:10 am Good Morning! NDX futures rose to 13154.60 this morning. a 45% retracement (thus far) of yesterday’s decline.  We may expect a calm market before the FOMC  announcement unless more bad news develops.  There is a tendency to lean … Continue reading →

10:39 am SPX has declined beneath its Short-term support at 4125.77, creating an aggressive sell signal.  Further confirmation of the sell signal may come at the trend channel lie at 4075.00 and the mid-Cycle support at 4061.89. ZeroHedge reports, “Weak … Continue reading →

8:15 am Good Morning! NDX futures may be coming off its 17.2-month long Cycle this morning, as Friday marked the precise timing for a high.  There may be another attempt to probe higher, but the probability of new highs may … Continue reading →

3:16 pm GKX finally completed an 8.6-month Cycle in the form of an expanded flat correction.  Earlier this week I warned that it may have been targeting the trend channel at 424.00.  Today’s move was sufficient to fulfill that target.  … Continue reading →

12:08 pm The Ag Index broke through a very narrow trading band support at 439.11 on day 279 of the Master Cycle.  There is a trendline support at 324.00 which may stop the decline in the next few days.  If … Continue reading →

8:00 am Good Morning! NDX futures bounced to 12912.20 in the overnight session, attempting to emerge out of short gamma, but pulled back substantially from there.  The return of (downside) trending strength was anticipated in the Cycles Model.  It suggests … Continue reading →

11:57 am BKX has fallen beneath the Cycle Bottom support at 81.16, confirming the sell signal after reversing from the 50-day Moving Average at 85.95 on the 19th of April.  The new Master Cycle is projected to run until mid-June.  … Continue reading →

9:32 am BKX may be resuming its decline following the reversal on April 19.  The next decline may be as strong (or stronger) as the first, leading to a possible 50% decline, in line with the Head & Shoulders target.  … Continue reading →

8:00 am Good Morning! SPX futures are consolidating after having broken beneath the rising trendline on day 247.  The Cycles Model suggests that, if the reversal has been made, the next week may give us a panic decline.  The Model … Continue reading →

7:20 am Good Morning! SPX futures have crossed beneath the trendline at 4145.00, giving a probable aggressive sell signal.  I cannot stay to comment further.  Confirmation is at the 50-day Moving Average at 4040.11.  The punchbowl is down to its … Continue reading →