This, my Custom Real Estate Index, paints a very clear picture that RE does not like the recent FED rate increase and is under pressure. One could state that investors are fearful that RE returns could be pushed towards the negative and that the US Real Estate markets could "roll over" with another Fed rate increase. Right now, the price channel and regression...
The technology sector should rebound at least 16% from recent lows before April 2019. This rotation in the US equities markets is a very healthy process and my predictive modeling is suggesting that this IS NOT A TOP. We still have a ways to go before I will be calling a top in this market. The Technology sector is where real share growth has been focused over...
Bitcoin should begin a massive breakdown move on or near Oct 20th. I've been writing about this breakdown move in Bitcoin for well over a month. My timing has been a bit early, but this should be it. Just after the APEX of this flag formation, price should become very volatile. I expect a bit breakdown to near $5000 first, then a brief pause, then a breakdown...
I would no be surprised to see a massive breakdown in Bitcoin price with a retest of levels below $6k here soon. There is been almost no upside momentum over the past 3+ months and I can't see anything driving a massive bullish run in this crypto. If you are holding Bitcoin and a true believer, then get ready for a big ride lower. I believe the $4700 to $4900...
My analysis suggests we have 4 to 5 more days of upside price action before a deeper price correction will setup and play out. If you are long and have decent profits, now would be a good time to protect those gains. My predictive modeling systems are suggesting we could see a deep (5~8%) price correction headed into the US Mid-term elections. I have called...
The current ES price rotation indicates further downside price risk is evident in the markets. Pay attention if you are long any of the majors or tech firms. This could be the start of a 5~8% price decline. Visit my web site to learn how I can help you stay ahead of these market moves.
The ES (S&P) has broken a recent price channel and is likely headed at least 2.5% lower based on my analysis. If you have been following my research, I have been suggesting the markets were setting up for a price rollover/rotation for the past 7+ days. Yes, I was a bit early in my analysis, but this is very important. Being a week or two ahead of the move, and...
A little over a week ago I warned that the US Equities markets were setting up for a 5~8% pullback and that my custom indicators highlighted the potential that a weakened price rally would end in a potentially violent price decline. The last 4+ trading days have further highlighted my research that the price rally in the US Indicies was very weak and inefficient....
Pay attention traders, the US equities market and the US Indicies are setting up for a much deeper correction than many people are expecting. A few weeks ago I warned that a 2.5~3% correction was setting up in the markets. The markets immediately turned lower and fell about 2.25% before bottoming out. Today, my custom indicators are warning that we could be...
Do you follow the metals? Want to see a classic double bottom formation setting up for what I believe will be a "Rip your face off" rally? Here it is. I use quite a bit of custom index features to track the major markets because I believe these provide a clearer perspective of the markets than following individual symbols. I find the data to be key to making...
Gold pulled back to a perfect 0.25% retracement level to complete Wave B. This new low should act as a key low price level completing a Wave B pullback. At this point, longs should begin to take control drive prices much higher - forming a new Wave C (typically the longest price wave). Get ready, this will likely be paired with some "crisis event" news from the...
China/Asia break support and head lower as the debt contagion continues to spread in SE Asia. Watch how this debt/credit issue expands across SE Asia, South America and across the One Road project countries. My assumption is that China is using every resource possible to prevent this type of contagion event from happening now with it having "fingers in every...
Get ready. I believe the price of Bitcoin will breakdown even further over the next few weeks and possibly attempt to test the $5400 level (or lower) before finding any real support. At this point, any further price decline will rock the crypto community's sense of stability and "belief" in these tokens. There appears to be very little upside opportunity after...
Bitcoin has followed my analysis almost perfectly. After rallying higher and rotating lower recently, the breakdown in price has fallen back into my Tesla arc analysis and appears to be basing near $6k before breaking lower. Don't expect another upside move till levels below $5900 are tested for support. Yes, another short term rally will happen, but it appears...
Once crude oil breaks $65 ppb, watch out below. A very quick move to near of below $58 could happen pushing longs to cover. Be prepared for this move and watch for a breakdown in price as a key trigger. My assumption is this will happen before the end of August.
Get ready for it. I might be 2~5 days early, but I don't think so. Get ready for a 2.5~3% pullback in the markets and get ready for the VIX to shoot higher over the next few weeks. Support exists in the market that will hold for another leg higher - but this is likely a top setup that is about to exhaust itself and collapse about 3% (targeting support) before...
My custom China/Asia index shows, very clearly, the support near 7200 is critical at this time. The continued weakness originating out of China and the efforts to contain the current rout as well as contain an economic crisis are clearly generating concern throughout the globe. China has it's fingers in many other global nations. A collapse in China would...
Expect the SPY and major US indexes to rotate a bit before starting another leg higher towards the end of August. The momentum is certain bullish at this point and earnings continue to drive higher expectations for the general market. My analysis suggests a bit of rotation could come over the next 5+ days as these new highs are created by the moderate push...