1973 Oil Embargo Spike Won’t Reoccur
This is hyperbolic bullshit. In 1973-1980 during the Arab oil embargo on the U.S and its allies, the price of crude oil spiked from $3.56 to $39.50. That was a 1000% increase in the price of crude oil. That is obviously not going to repeat this time. https://t.co/G2r9BeIDrC
Silver Holds Above $64, Poised for April Rebound
$Silver is trading below its 100 day MA for the 1st time since its April 2025 low. However, I don't think it's relevant since it retested the February low earlier today, so unless it breaks below 64 it probably made...
Gold's RSI Hits Record Overbought, Expect Sharp Pullback
$Gold - I want to remind you that the 14 month RSI closed at 95.67 at the end of February, its most overbought level in history. If you can't stomach an 11% drawdown and cry about "manipulation" or "suppression" or...
Equity Put/Call Ratio Peaks at 1.11, Highest Since April 2024
$CPCE - The CBOE equity put/call ratio spiked to 1.11, its highest level since April 2024. The 10 day moving average of the ratio is now at 0.73 which is higher than it was at April 2025 low. The last...
Brent Outpaces WTI, Nearing 78.6% Retracement
$UKOIL - Brent oil is significantly outperforming WTI oil for obvious reasons. Both topped around $119.50 last Monday, but while WTI has only reached $98 today, Brent reached $110 at today's high and is close to the 78.6% retracement of...
Out‑of‑control Inflation Coincided with Seven‑month Gold Decline
The last time inflation was out of control, gold was down 7 months in a row from April to October 2022. https://t.co/OSEyr3dAKn
QQQ’s 40‑Week MA Predicts New Highs or 18% Drops
$QQQ - You can see the importance of the 40 week moving average. Going back to 2014 every time a multi week decline bottomed at the 40 week MA QQQ went on to make a new all time high. On...
Meta Reaches 100‑week MA, Announces 20% Workforce Cuts
$META hit its 100 week MA on Friday for the 3rd time since November. After the market close it announced that it was planning to cut 20% of its workforce. The vertical lines show the last 2 times it announced...
Oil Prices Set to Test 61.8% and 78.6% Retracements
$USOIL - Closed above the 50% retracement level on Friday. Next week it's headed to at least the 61.8% retracement level at 103 and possibly to the 78.6% retracement level at 110. https://t.co/vUmCz2yZlr
TLT Poised to Breach Feb Low, Eye Historic Lows
$TLT - In just 2 weeks it's back to the February low due to the Iran war. If it beaks the February low(86.43) we will likely see a retest of the 2025 low and maybe even the 2023 low. https://t.co/Mm9e0lX2JM
Dollar Index Breaks High, Signals Strong 2027 Trend
$DXY - Broke out above its November high. The 3 year cycle low is confirmed. The Dollar is headed higher into 2027. The question is will the current cycle be a not so bullish cycle like the last one, or...
Silver Poised Above 20‑week MA, Limited Upside
$Silver - I expect it to hit the 20 week MA again next week or the following week. If it holds above the 20 week MA it will likely move higher into late April but not make a new ATH....
Gold Holds Above 10‑Week MA, Eyes April ATH
$Gold - Closed lower for a 2nd week in a row but it's still above the 10 week MA. As long as it's above the 10 week MA this is likely to be another consolidation that will lead to a...
XLF Tops Jan, Slides Below Yearly Pivot, Eyes 41.93
$XLF is the 1st sector to confirm that it made a major top in January. The reason for that is that XLF has already closed below its yearly pivot at 50.96. The 1st yearly support is at 46 but it...
McClellan Oscillator Signals Imminent Stock Market Bottom
Here's an indicator which points to an imminent low for stocks. The $SPX McClellan oscillator closed at -95 and is extremely oversold. It's more oversold now than it was at last April's low when it bottomed at -87. https://t.co/pICqvPPG02
S&P
$SPX - We are getting a lower low after all. Going back to the April low, we've had a ~80 trading day cycle. Due to many holidays in this cycle, I expect this cycle to be shorter in trading days...
Oil Likely Tops Soon; Expect Retracement to $98‑$110
$USOIL - As I've already stated I think that a major top is already in, but whenever a commodity goes parabolic, it usually doesn't collapse in a straight line, but retraces a significant portion of the initial decline. The upside...
QQQ Needs 100‑Day MA Close to Confirm Low
$QQQ - The bullish engulfing candle on Monday didn't have follow through in the last 2 days. It has to close above the 100 day MA to in order to confirm an intermediate term low. The odds favor that it...
SPX Reverses After 100‑Day MA, Lower Low Possible
$SPX - The rally continued today until it hit the 100 day MA, but then we had a bearish reversal and closed the day lower. The bottom isn't confirmed yet so there may still be a lower low this week....
Trump Predicts War Ends March to Drop Oil Prices
IMO, the war won't be over before the end of March. Trump said it in order to crash the price of crude oil and he's succeeding. https://t.co/r1xe5WNN69
VIX Spikes Above 30 on Monday
$VIX weekly - When did we see it pop above 30 on Monday, then sell off for the rest of the week before? That's right. August 2024 and April 2025. https://t.co/a6U74uaYNp
Crude Oil Poised to Slip Below $91
Do you still think it hasn't made the high for the year? The gap is about to be filled. So far it has been very similar to the 2022 top and if it keeps following the 2022 price path crude...
Tesla Holds Yearly Pivot Support, New ATH Uncertain
$TSLA - Found support at the yearly pivot for the 2nd time in the last 5 weeks. A weekly close below 387 will confirm that it made a major top in December, but I don't expect it to happen next...
VIX/VXV Spike Signals Near-Term Bottom, Upcoming Rally
The $VIX: $VXV ratio spiked to 1.07 on Friday. That's the biggest volatility spike since the April 2025 crash low. Last March it had an initial spike to 1.08, dropped to 0.90, then spiked to 1.27 in April, but this...
Microsoft's Bullish Reversal Likely Avoids 200‑week MA
$MSFT - After almost hitting its 200 week MA last week we had a bullish reversal this week so I don't expect it to hit the 200 week MA anymore in March. An intermediate term low is probably in but...
Silver Faces Bearish Reversal, New ATH Unlikely
$Silver - Had a bearish reversal at the yearly R1 pivot and ended the week with a bearish engulfing candle. The Odds favor further downside to the 20 week MA as it had after the January top. In any case,...
Gold Holds Above Key Pivot, Poised for April ATH
$Gold - Surprisingly, despite the war in the middle east it closed the week lower. However, it held above the yearly R1 pivot at 5043, and unless it closes below it next week I still expect gold to make a...
Oil Spike Not Worse Than 2022, SPX Panic Overblown
Not this shit again. 1st of all, this oil spike isn't more acute than 2022. In 2022 crude oil reached $129. Currently it's at $91 only. Secondly ,every time SPX is down 1%+ on Friday the usual suspects come up...
QQQ Likely Tests 200‑Day MA Around 589‑590
$QQQ - As expected the choppy downtrend continues into next week. This week's low was 591.87. I expect it to make only a marginal lower low and bottom at the 200 day MA at the 589-590 range next week. https://t.co/gEEuUNwCm2
Oil Spikes 43% in Two Months, Trump Eyes Hormuz
BTW, oil rallied an additional 43% over the next 2 months. Trump will do everything he can to open the strait of Hormuz and prevent a similar outcome. As I noted in an earlier post this week, I expect it...
Oil Spikes 16%, RSI Hits 1990 Gulf War Levels
$USOIL - We're witnessing an extreme development today. Crude oil is up 16% currently. The 14 day RSI is above 89. The last time it closed above 89 was in August 1990, during the Gulf war. https://t.co/Fl62P7oRcE
APP Must Close Above 498 to Confirm Rebound
$APP - Probably made an intermediate term low 3 weeks ago when it bottomed at 359. It needs a weekly close above the 10 week MA(currently at 498) to confirm that. https://t.co/g7pYhVC2tZ
BTC's Bear Bounce Targets Falling 100‑Day MA
$BTC - Made a multi week low a month ago. The minimal target for this bear market bounce is the 100 day MA, which it has traded below since October 10. The 100 day MA is currently around 82900 but...
QQQ's Weekly Close Above 100‑DMA Could Defuse Bearish Outlook
$QQQ - Last Wednesday it had a big up day and closed above the 100 day MA ahead of NVDA earnings. Today we had a big up day ahead of AVGO earnings. The 16 week cycle points to a low...
S&P Below 100‑DMA After Hindenburg Omen Usually Falls
There has to be a distinction based on whether $SPX closed above or below the 100 DMA the next day. Those that closed above it, like 12/19/91, 1/12/98, or both the 2019 cases, did much better over the next 2...
Crude Oil Nears Peak, Iran's $200 Threat Unfounded
$USOIL - Crude oil is already showing initial signs of topping as it did last June. I can't believe that some people are gullible enough to believe, that empty threats made by Iran about $200 crude oil prices, are actually...
Series of Hindenburg Omens Echo 2020 Market Crash
Yesterday a 7th Omen was triggered. The last instances there was a cluster of 6 or 7 Omens were February 2020 and August 2019. Obviously this is not February 2020, but it's similar to the August 2019 downtrend in which...
XLE RSI Hits 80, Echoing
$XLE - The 14 week RSI is currently around 80. The last time it reached 80 was in June 2014. The June 2014 top was a major top that was followed by an almost 6 year bear market. https://t.co/VHRCjpkX18
SPX May Slip Below 100‑Day MA, Target 6720
$SPX keeps defending its 100 day MA on a closing basis, though I think it's likely to close below it by the end of the week. When it closes below the 100 DMA the next downside target will be the...
NVDA's Bullish Candle Could Shield Nasdaq 100
$NVDA - The day isn't over yet, but so far we have a bullish engulfing candle off the 200 day MA. If NVDA holds above its 200 DMA for the rest of the week maybe the Nasdaq 100 will not...
Markets Shrug Iran Strikes, Eye Earnings-Driven Sell‑off
Obviously the market doesn't really care about the strikes in Iran. The stock indices are barely down, silver is selling off big and crude oil is spiking, but nothing significant, it's nowhere near last June's high from the previous strike...
SPX Expected to Hold Above 6522, Target 40‑Week MA
$SPX - The next 16 week cycle low is due in the 2nd week of March(March 9-13). In my opinion it's unlikely to drop to the November low at 6522. The probable target is the 40 week MA that closed...
AMD Below 186 Signals Top, Targets 157
$AMD - Approaching the yearly pivot at 186. A weekly close below 186 will confirm that it made a major top in late October and will lead to a decline to the 100 week MA that is currently at 157....
Iran Strike May Push Oil to $73.90 Resistance.
$USOIL monthly - The Israeli-U.S. strike in Iran will propel the price of crude oil to the 1st yearly resistance at 73.90. Above that there's the June 2025 high at 77.64. These are the 2 potential upside targets for next...
TLT Breaks Yearly Pivot, Bullish Toward 93.07
$TLT - Closed the month above the yearly pivot at 88.18. The next upside target is the 1st yearly resistance at 93.07. The 2nd yearly resistance is 98.98. It looks bullish at the moment but you never know how high...
Silver RSI Near 1980 Peak, May Surge Past 94
$Silver - Despite the 40% drawdown from the January high, February was the 10th up month in a row, which never happened before. The 14 month RSI is now at 93.42, its highest level since the 1980 top. My expectation...
Gold Breaks Yearly Resistance, Targets 5764 Despite Record RSI
$Gold - The 14 month RSI closed at 95.67, its highest level in history, but it probably doesn't matter since gold closed the month above the 1st yearly resistance at 5043, and is headed to the 2nd yearly resistance at...
DXY Near 3‑Year Low, Breakout Needed for Confirmation
$DXY - Potentially made a 3 year cycle low in January. February was only a small up month so it's not confirmed yet. A breakout above 100.39 is needed to confirm that the 3 year cycle low is in. A...
Current Chop Mirrors 2014‑15 Pattern, Not 2024‑25 Rally
A lot of people have been comparing the action since late October to the topping process from December 2024 to February 2025 but this comparison is false because the current structure has taken much longer to develop. This is more...
S&P 500 Holds Above 100‑Day Moving Average
$SPX - Ladies and gentlemen: aaaaand stilllll above the 100 day MA: the S&P 500. Wake me up when it closes below it. https://t.co/OU2yiK3lZm
