RTY-mini: Setting the Stage for Another Leg Down
RTY-mini has been consolidating on Thursday after the strong decline, a reaction to the bearish statements of the FED Chairman … Read more
Free Updates
RTY-mini: We Nailed the Top and We Almost Nailed the Turn Date
In my previous update I noted that if we apply Gann’s 45 day cycle we may expect RTY to top … Read more
ES-mini: Macro Update Before FOMC on Wednesday
I have two bearish macro scenarios on my table. (1) The Bearish Scenario 1 considers the October rally as a … Read more
RTY-mini: Looks Very Toppy and Ready for a Reversal
RTY-mini futures stretched higher overnight and tagged the upper edge of the ascending bearish looking wedge: RTY has made enough … Read more
ES-mini: My Primary Wave Count is Bearish
This A up, B down, C up consolidation that started at the end of September looks kike a corrective wave … Read more
RTY: Weekend Macro Update
Off the all time high made in Niov’21, Russell has been leaking down in a complex Double Three structure labelled … Read more
Bitcoin: Setting Up for the Final Flush to the Bottom
Bears have tested the support 18,540 (see the blue line) six or seven times. So far it has held but … Read more
RTY: Completing a Corrective Pattern off the September low
1,860 has been the target for this move up. It is the confluence of fibs: – 138.2% ext of wave … Read more
$ES-mini: Has Held Over the Support
Bad report from AMZN crushed NQ but ES-mini has held over upward sloped 200 MA on 60 min chart (see … Read more
NQ: Broke Under Support and Confirmed Completion of a Pullback
NQ-mini keeps following the bearish wave count: Under that scenario NQ completed an A up, B down, C up structure … Read more
Crude Oil: Keeps Following Our Bullish Path
Crude keeps following the bullish wave count nicely: In the previous update I pointed you to the bullish -i- up, … Read more
$DJIA: May Be Setting Up for A Big Drop
MACRO UPDATE OF @YM – E-mini Dow futures Dow futures has been following a complex corrective pattern called Double Three … Read more
$ES: Following the Bullish Path to 4,050
That bullish count shows a possible destination for this corrective A up, B down, C up structure at 4,050: The … Read more
$RTY: The Rally Has a Clean Corrective Structure
If we look at the chart below you can see a corrective Double Three structure labelled (w)-(x)-(y) up: According to … Read more
$ES-mini: The Bullish Count Lacks A Foundation for a Rally
Under the Bullish Scenario we can get a five wave up rally in wave C up. Any impulsive rally in … Read more
$TSLA: Approaching the Green Target Box
TSLA is approaching the Green Box: We should get a relatively large corrective pullback in wave B up off that … Read more
$DXY: US Dollar: Bulls have a Setup to Push Higher Again
DXY, the US Dollar index has super clean bullish micro count that argues that wave 3 up has not topped … Read more
NQ-mini: Bulls Invalidated the Bearish Count and Made our Santa’s Rally the Primary Path
The Weekend Update The previous Weekend Update outlined two scenarios, the Bearish and the Bullish ones. On Friday I updated … Read more
ES-mini: Did Friday Rally Invalidated the Bearish Scenario?
The Weekend Update Let’s review two alternative Macro Counts based on Daily charts of ES-mini futures. (1) We will start … Read more
NQ-mini: Attractive Short Setup
We have an attractive short -i- down, -ii- up setup with a tight protective stop over 11,328:
S&P 500: Macro Update: Two Bearish Scenarios
We have two alternative counts in SPX. Both are bearish. Let’s starts from the (i) Optimistic Bearish Scenario: Under the … Read more
ES-mini: Bulls Failed to Break Over Resistance But Managed to Keep the Bullish Scenario Alive
On Thursday bulls failed again to climb over 3,734. Below I show you the bearish scenario where ES is slowly … Read more
Crude Oil: Looks Ready to Break Out
Crude looks strong today and vastly outperforms equities. To confirm a bullish reversal crude has to climb over 85.57. Once … Read more
We Continue Tracking Two Very Different Scenarios for ES-mini here
Let’s review the bearish wave count first: Off the low labelled (a) down we got an a-b-c move up labelled … Read more
NQ: MACRO UPDATE: We still have to consider two very different paths.
Let’s start from reviewing the Bearish Path: Under that count the -a- up, -b- down, -c- up whipsaw that has … Read more
ES-mini: Rallied As Expected and Hit the Red Target Box
As we expected yesterday, bulls pushed ES overnight and hit our target at 3,745. Let’s first review our Bearish scenario: … Read more
ES-mini: Produced a Strong Bounce, What Comes Next?
In my weekend update I correctly predicted a bullish bounce: Under that bearish wave count I expected to get an … Read more
Crude Oil: Testing the Green Box
Crude Oil drew a bullish descending wedge over the period from June to September 2022: Crude broke out of that … Read more
Silver: Started a Flat Consolidation to Be Followed by The Final Flush
Silver seems having started a corrective flat a-b-c up consolidation in subwave (b) up of wave (v) down: That is … Read more
ES-mini: The Weekend Update: My Green Box is Located 200 points Lower
The Weekend Update Let me share two important inputs that we should take into consideration before we start working on … Read more
ES-mini: Bulls Violated the Critical Resistance
To confirm completion of the rally, bears need to push ES back under the June low = 3,655.75: In contrast, … Read more
S&P 500:
Played the Bounce
We Predicted
Yesterday I posted that scenario for S&P 500 cash index: I noted that “the Very bearish Daily count allows bulls … Read more
$ES-mini: This Rally Completed a Corrective Bounce
In my previous updates I expected another push higher in subwave c up. We got that rally but only after … Read more
RTY-mini: the Short-Squeeze Rally Does Not Change the Bearish Count
RTY still holds inside the yellow box for a corrective consolidation: I count that rally as subwave c of a … Read more
NQ-mini: The Target for This Drop is 10,000 – 9,800
In mid September we got a shallow a-b-c up bounce in subwave -b- up followed by another drop (see the … Read more
ES-mini Broke Under Strong Support
A tight consolidation in ES-mini was followed by a strong drop caused by CPI release at 8-30 AM EST on … Read more
$SPX: Even The Very Bearish Count Allows Bulls Another Dead Cat Bounce
Quite often ES-mini (futures that are traded overnight) and the original S&P 500 index (calculated only during regular trading hours) … Read more
RTY-mini: Bears Have a Setup to Drive it Down to New Lows
RTY has a clean bearish wave count: Bears can drive RTY down 1,652 – 1,600 in subwave c of wave … Read more
Silver: Can Drop 20% To Approach My Target
No change in the bearish Harmonic Elliott wave count of silver. During July – October 2022 silver produced a flat … Read more
$ES-mini: Trading Plan A and Plan B for Wednesday
In the evening update I noted that ES may bounce before breaking down under 3,571. This morning we got a … Read more