S&P 500 Prior Session was Cycle Day 3: Three-Day Cycle Statistic (90%) was satisfied as price traded above the Cycle Day 1 Low (5619.75) during the RTH Session. In yesterday’s briefing we noted two KEY Line in the Sand (LIS) levels … Continue reading
S&P 500 Prior Session was Cycle Day 2: Textbook (CD2) as price tested both the upside and downside zone edges outlined in the prior DTS Briefing 8.27.24. As price volatility continues to contract during this “end-of-summer” balancing phase, the key Fulcrum Level … Continue reading
S&P 500 Prior Session was Cycle Day 1: Textbook Cycle Day 1 (CD1) as price initially poked above PH (5665.25) but could not sustain an adequate bid. This condition set up the classic “Look Above and Fail” (a.k.a. “The Whiplash Trade“) … Continue reading
S&P 500 Prior Session was Cycle Day 3: JPOW’s speech at JHOLE delivered the expected “snappy/trappy” volatility we referenced in prior DTS Briefing 8.23.24. Positive 3 Day Cycle as price traded above CD1 Low (5613.50) during RTH. *****The 3 Day Cycle … Continue reading
Markets Jackson Hole Preview: The ‘Powell Put’ Makes a Comeback As the S&P 500 regains its footing after a volatile few weeks, all eyes are on Federal Reserve Chair Jerome Powell’s upcoming speech at the annual Jackson Hole Economic Symposium. With inflation cooling to its lowest … Continue reading
Markets Jackson Hole Preview: The ‘Powell Put’ Makes a Comeback As the S&P 500 regains its footing after a volatile few weeks, all eyes are on Federal Reserve Chair Jerome Powell’s upcoming speech at the annual Jackson Hole Economic Symposium. With inflation cooling to its lowest … Continue reading
Markets Source: Yahoo Finance Economic Calendar Source: Investing.com S&P 500 Prior Session was Cycle Day 3: Positive 3 Day Cycle as price fulfilled all upside targets but failed to extend the rally, pulled back and consolidated around the 5620 Line in … Continue reading
Markets Source: Yahoo Finance Economic Calendar S&P 500 Prior Session was Cycle Day 2: Incredible trend continuation as price fulfilled 3 Day Cycle Target (5630) as well as marking the eighth (8th) consecutive “one time-framing” session. Range was 66 handles on “Thin-to-Win” … Continue reading
Markets Source: Financial Juice Economic Calendar S&P 500 Prior Session was Cycle Day 1: Cycle Day 1 (CD1) was a stunning example of the accuracy of the 3 Day Cycle range projections. Expectation was for a decline, with the historical average … Continue reading
Markets Prior Session was Cycle Day 3: Third (3rd) consecutive Three-Day Super Cycle, as price cleared all upside levels vaulting an amazing 204.75 pts (240.58%) of the 12 year historical cycle range. *****The 3 Day Cycle has a 90.74% probability of fulfilling Positive … Continue reading