Awaiting the Turn This weekend, the USD in the form of DXY, the US dollar index is somewhat out-of-sync with the US indices. DXY is coming out of a triangle and expectations are for a new low (below 3640 in the SP500). The US indices are getting very close to the top of this corrective… Read more
Market Forecast Overview
Posts reflect the most recent forecast using a combination of cycles forecasting and the Elliott Wave Principle. Posted each Sunday (and sometimes more often).
All trades, patterns, charts, systems, etc., discussed in these articles are for illustrative and educational purposes only and not to be construed as specific advisory recommendations.
Futures, forex, equities, and option trading involves substantial risk, and may not be suitable for everyone. You can lose everything! Trading should only be done with true risk capital. Past performance either actual or hypothetical is not necessarily indicative of future performance.
Let There Be Light! Tuesday is solstice, the “longest day” of the year in terms of light. It’s also very often the cusp of a trend change. In this case, we’re expecting the end of the fourth wave down from January, and the turn up in the final fifth wave before a very large plunge… Read more
A Complex Market This market continues to be dangerous, mostly because wherever the US dollar goes, so does the overall market. But it’s also what we call a “sick market.” Volume is etremely low and that makes wave structures difficult to read. There are lots of fake-outs and this weekend, there are several options to… Read more
The Bigger Picture I dropped into a very large rabbit hole this weekend, on my search for the truth. This is something I’m regularly doing, but this rabbit hole keeps connecting things like Soros, MH 370, the Rothschilds et al, and lots of dark events from the past hundred years. This is only the tip… Read more
A Bottom, of Sorts The latest news, of course, is that monkeypox is sweeping the globe. Don’t even get me started on that bit of insanity. It’s actually called Shingles and it’s a known “adverse reaction” to the covid jab… They even tried to use a picture of Shingles and call it MonkeyPox. These people… Read more
The Market Says: Not Quite Done Last week, I thought we were in the final week before EBS (Emergency Broadcast System launch) due to the fact that Trump had finished rallies (that we knew of). He had also said there was a big announcement coming in May 5 (which never happened), and the market was… Read more
Back to Volatility! This past week, SPX broke through the “ledge” that I described last week. We traced out a flat to do so. There’s a potential flat in NQ, as well, but the subwaves are different. In fact, the C waves in the SP500 and ES are different configurations. On top of that, the… Read more
