Stock Divergence Widening; Late-May (NQ) & Mid-June (DJTA) Cycle Lows in Focus.

05/11/24 – “Stock Indices remain divergent with their weekly trends projecting slightly different outcomes.  In both cases, the indexes are still perceived to be in (or just completing) a ‘b’ wave bounce – between an initial ‘a’ wave decline and an expected (potentially sharper) ‘c’ wave decline. The April 19th lows – and coinciding weekly HLS and weekly trend indicators – projected a multi-week reactive […]

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Stocks Focused on Mid-June ’24 Cycle Lows. NQ-100 Bottom Likely in Late-May ’24.

05/08/24 – “Over the past 5 – 7 years, a recurring topic of discussion is the ‘Energy/Equity Connection’ – the loose correlation between moves in the energy sector and similar moves in the equity markets. As explained in the 2018 excerpts on page 2, this is NOT a precise link and usually has levels/periods of divergence – when one has already completed a move […]

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Stocks in Corrective Phase; Divergent Lows Expected in late-May and/or mid-June ‘24.

05/04/24 – “Stock Indices completed the first stage, and are tracing out the second stage, of what is expected to be a 2 – 3 month sell-off after fulfilling multi-year upside price targets and cycles in all six indexes.  In Elliott terms, they are in a likely ‘b’ wave bounce – sandwiched between an initial ‘a’ wave decline and a future (potentially […]

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Stocks Reinforce Pivotal Support at April 19th Lows!

05/01/24 – “Equities fulfilled projections for initial declines during the Month of Aggression – the first ‘month’ of the new Natural Year, from March 20/21st into April 19th (Date of Aggression).  They bottomed precisely on April 19th, fulfilling a host of downside timing & price projections. That 3 – 4 week decline reinforced the projected multi-month peaks and fulfilled initial expectations from late-March reversals & sell signals… […]

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Stocks Set Pivotal Support with April 19th Low!

04/30/24 – “Stock Indexes are reinforcing projected multi-month peaks and fulfilling initial expectations from late-March reversals & sell signals.  The first phase was projected to envelop the Month of Aggression – the first ‘month’ of the new Natural Year, from March 20/21st into April 19th (Date of Aggression). That is exactly what unfolded with an accelerated decline in AI and chip stocks leading into April 19th.  Proxy stocks like […]

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Stocks Fulfill ‘Opening Range’ Sell-off & Projected Plunge into April 19th (Now Key Support).

04/27/24 – “Stock indexes are rebounding after dropping into April 19th and fulfilling analysis for the Month of Aggression… Several indexes turned their weekly trends down, confirming multi-month peaks… They fulfilled expectations for an initial sell-off from late-March into April 19th – enveloping the Month of Aggression, the first ‘month’ of the new Natural Year (March 20 into April 19th, the Date of Aggression). That came immediately after decisive […]

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Stocks Plunge into April 19th; Set ‘Opening Range’ of Natural Year 2024.

04/24/24 – “Intra-month & intra-year trends are a prime example of how to utilize the opening range of a given period of time.  Opening ranges play a key role in analyzing the markets.  That has been evident in many trading systems (like Market Profile, which was heavily used by day traders in the 1980’s & 1990’s) and/or approaches to analyzing and timing market movement […]

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