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S&P 500 (cash) – March 14, 2023
Posted on March 14, 2023 1 Comment
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 […]
S&P 500 E-mini – March 13, 2023
Posted on March 13, 2023 Leave a Comment
The support/rally that was found today by the market was “expected” as we could see 5 waves down. Now the BIG question is was the high today the end of the wave 2 or do we rally once more. I would like to see another rally so we can PROJECT the upcoming POTENTIAL inflection point. […]
S&P 500 – March 12,2023
Posted on March 12, 2023 2 Comments
Expect a rally the next couple days …perhaps a slight gap down but eventually support and then a rally should occur. Futures tonight are already providing that “commentary” so I’d expect a larger than “normal” rally due to the world is coming unglued (it is) but you know what I’m saying … “everyone” expected a […]
S&P 500 – March 09, 2023
Posted on March 9, 2023 3 Comments
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 […]