Archives

Markets Part II

a person holding a magnifying glass

6 weeks later, still up against the PATTERN levels. I do think this will be resolving, soon. Which way – not even going to try and guess!

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Where are we …

skeleton on a laptop

Patterns appearing all over the place …the only ones that count are the BANKS/FINANCIALS. They will lead us up and lead us down … bank on it … (get that?)

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Markets – December 17, 2024

stock exchange board

Markets are topping or have topped. Caution is warranted …

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VIX and S&P 500

Love ratio analysis and also love using the PATTERNS w/ it … Here’s the S&P 500 / VIX ratio. Note the resistance area we are at or maybe a little higher. Also, take note how high the ratio is compared to, say, 2007? WOW. My musical note log projection got SMOKED today and so did […]

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S&P 500 CASH – January 28, 2024

On the daily chart, below, we can clearly see 5 waves up completing … guess the questions is as follows: Is this a BIG 5th wave completing OR is it the first wave of 5 waves? Nobody really every knows.

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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 – July 11, 2023

VERY important level approaching in/around 4500 and hen 4525-4550. Frankly, these levels are the last gasp hope for the bears. Note, the time worked out very nicely but the PRICE was not hit and we’ve held support. Doesn’t look to inconceivable that the targets above won’t get attacked in the coming days?

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S&P 500 – April 09, 2023

Last post on S&P 500: https://atomic-temporary-44460632.wpcomstaging.com/2023/03/21/dollar-and-stocks-march-22-2023/ All eyes remain on the USD. we have a large target looming a little lower. That being said, we are approaching a very critical time from a cyclic perspective. We have also completed a “valid” SELL pattern on the SPX. So, we either start down early this week or […]

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S&P 500 Index – March 15, 2023

Perspective … we made a higher low today. Let’ that sink in … Now, my stance is to remain bearish and I do believe we are in the very early stages of a smashing wave 3 and, add fuel to the fire, it’s a “3rd of a 3rd” wave down. Wonderful … Near term, the […]

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