March has been a good month so far. The average gain for picks closed out this month, and those still open as of March 23,…
The 9-12 month cycle projection has dropped back to xxx, suggesting that xxx xxxx is underway in that cycle. This coincides with likely xxxxxx in…
When you’re talking about the 5 day cycle, things happen fast. In an uptrend, up phases are skewed to the right in time. Down phases don’t last long. And a 5 day cycle low is ideally due today.
Yesterday, the ES 24 hour S&P futures failed to …
Has it really topped out? Maybe not yet, but it’s close. As I pointed out yesterday, the conventional measured move target of a high base breakout would be around 5275, so let’s allow for that. However, the 5 day cycle projection stands at 5245-55, and…
The dealers just set a new record extreme of leverage against their bond positions at the end of February. Then they sharply pulled in their…
The circus is in town today. Elephant droppings will be everywhere. Ringmaster Jerome Powell will lead the clowns as they parade around the ring, entertaining the crowd who will oooh and ahhh and laugh at their next trick and pratfall. The bigtop opens…
Monday reversed Friday and Tuesday morning reversed Monday. The hourly chart of the ES 24 hour futures is starting to look toppy as bonds stand poised to resume their recent selloff. An incipient 5 day cycle up phase has fallen apart, and suddenly ther…
Every time it looks as though the rally is running out of gas, somebody gives it a fill-up. It’s as if Friday’s selloff didn’t happen.
Meanwhile, did you notice that the Fed’s RRP slush fund dropped by $100 billion to a new low of $418 billion o…
This looks like a 6-month cycle down phase, but ideally it should be xxxx xxxx. With cycles in gear to the xxxxxxxx, it could be…
List performance was surprisingly stable from the week before given that the previous week was already at a record level for this exercise. The average…