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S&P 500 – September 14, 2023

Extremely important pattern appearing on the S&P 500 / ES tonight. As I was cruising the charts I noticed this SELL PATTERN on the cash S&P 500: The reason this is so important is the most recent high is “supposed” to be the second wave / b-wave high and we “should” be going down … […]

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S&P 500 (cash) – March 14, 2023

As expected we are rallying after completing 5 waves. If you take a peak at the (2) around 4077 that is the beginning of the wave that we are retracing. Take note, we could go all the way up to that level and still fail and the count would be valid. Also, take note that […]

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S&P 500 – March 09, 2023

I try to make it clear on the chart below that I just “don’t have a clue” if the ATH on the S&P 500 is THE HIGH or A HIGH … I don’t have the data and, frankly, I’ve seen very amazing professionals say it is THE HIGH and also say A HIGH. Both, totally […]

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Sometimes you eat the bar and sometimes it eats you …

love that saying from the Big Lebowski … what a great movie. so, here we go folks .. I’ve just ran thru the DJIA, NASDAQ and S&P 500 and ALL have sell patterns. what does that mean? well, nothing … right? it’s all probability … but, that’s what we play, probability …so, we have Gartley […]

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S&P 500 futures – update

09/12/2019 – market blew thru the pattern level and is very close to setting new highs in the ES. This represents a failed pattern … if you look we have some numbers coming in right below old high but as far as the VERY NICE sell pattern that was present – it’s cooked. back to […]

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Sunday night … rocking and rolling

as expected, we are rocking and rolling on Sunday night (08/25/2019) – no doubt it’s going to be an interesting day tomorrow. as you can see, the futures did gap down, but found support perfectly on the BUY pattern at 2811. this level is key to hold overnight and over the coming couple of days […]

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