S&P 500 is now trading a pivotal level. This is it. This is what the bulls been working so hard for this entire year and this is the MUST-PROTECT level for the bears. The battle is going to ensue and who will prevail?
REVERSAL CANDLES
The Three White Soldiers (weekly candles) are here.
Witnessing, these, consecutive, three weeks of bullish candles are rare especially after a steep decline we've seen last few months (because the market, typically, don't go straight up duri...
LIVE OR DIE: This is it. Bulls brought it up all the way to this major pivot-resistance. Either we break higher and continue this uptrend or we tank--and we tank hard!
Short-term indicator is giving us short-term overbought signal today after two days of run from the buyers. Was this a simply a downtrend really before going back up or are the buyers preparing for a major reversal here?
Why so many people are panicking right now, even more, so, than, during late last year? Are we going down -50%, -60%, -70%, -80% from here?? I will explain everything!
BOTTOMING CALL
Back in late 2022, after a grueling year of bear market, I started to observe the market intensely in an attempt to ascertain if the major lows are in (if the market has bottomed).
There were crucial signals which I've discovered on the major ...
CORRECTION CALL
Late July, I've made a blog post here explaining why I believe that about -10% correction is on the way.
Market has corrected about -8.5% since the July peak (SPY 460) to the recent October lows on SPY (SPY 420). Now I am calling that the mar...