This is one of my favorite charts and it is difficult to believe that it is 41 month old. The image below is the very first one I made in January 2020. In January 2020, I forecasted a disaster which happened at the end of February 2020. Obviously, nobody believed (to describe the reaction mildly), […]

It is difficult to believe that something could happen after a great rally on Friday. Nevertheless, let’s evaluate from different angles. . . . In this overview we use multiple techniques and statistical analyses to evaluate the targets and probabilities of the next move for the index. In addition, we compare the Russell’s technical events […]

Today major US index futures registered several important candle signals on various frames and I’d like to try to decipher the messages. ES closed its 5-day candle as a bearish Engulfing, signaling a fair chance for the index to decline before the end of month. It’s worth noting that $4180 level has been unsurmountable resistance […]