Thursday, May 26, 2016

#SPX has hit a .500, .750, and 1.000 Logarithmic node on different studies synchronously. The rally is now over.

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Tuesday, May 24, 2016

When Logarithmic nodes are 'close' after a major top, often this results in a rapid fall. As in 2008, and maybe now.

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Monday, May 23, 2016

The ideal time for the #silver ETF to bottom would be when it reaches the 0.125 X-axis point on last pic. Wed or Thursday.

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$SPX fading. Showing a new set of charts, ROC Momentum, time corrected. These show the fade also...

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Wednesday, May 11, 2016

These two logarithmic studies are describing trendlines of resistance (1st pic) and support (2nd pic) for the $SPX.

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Key trendlines for the Silver ETF have been isolated. The numbers on the X-axis, tie in to turn dates.

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Gasoline price following its support trendline. Data through May 6th.

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Thursday, May 5, 2016

Bitcoin ready to jump higher.

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In confirmed bear mode, these two charts currently represent price action. Targets are early to mid December.

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Should get down below 1700 on S&P.
Tuesday, May 3, 2016

Bouncing on the line...

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The trajectory of current gasoline prices would put it back to the old highs by Spring 2018. Weaker dollar will cause this.

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Friday, April 29, 2016

The transition from bull to bear on the $SPX is underway. It's now fully below the trendline we've been watching.

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Today it reached and bounced off of one just below the previous one. These trendlines are 'exponential'.
Wednesday, April 27, 2016

Fed is pumping, terrified of a collapse, but can't surmount the channel. Here is the $SPX.

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In calendar time, you can see the gradual flattening: At market tops, strong hands sold to weak hands, which was usually the public....
Thursday, April 21, 2016

This recent top in the $SPX is an outlier. Reflects panic over European Banks, and Chinese new gold window. Pumped.

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Wednesday, April 20, 2016

As $SPX becomes overbought on RSI, a potential wave count shows a possible wave 5 that is Fibonacci 50% of wave 1.

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Monday, April 18, 2016

$SPX has now tagged upper long term trendline. As in past tops it sometimes goes slightly above before reversing.

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$SPX higher, but unable to hold upper trendline...weakening.

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Friday, April 15, 2016

$SPX reaching towards highest of 4 possible long term trendlines @ 2091.

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Wednesday, April 13, 2016

Although the $SPX range for yesterday was MOSTLY beyond support, yesterdays close was still above, so up again. OOPS!

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Tuesday, April 12, 2016

$SPX respecting long term logarithmic time based trendline from the top @ 5/20/2015.

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We're now beyond the support trendline (brown) that produced the rally out of the February lows. Rally is now officially over,

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Expect sideways to slightly down, price action from here.
Saturday, April 9, 2016

I post occasionally on Twitter, handle is @mlytle0

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Rally will be declared over, when price action falls completely below the brown trendline shown. Should happen this coming week.

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Thursday, March 31, 2016

Tentative projection into late 2016.

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Wednesday, March 30, 2016

$SPX completing 5th wave of the rally, and touching high, long term trendlines.

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Tuesday, March 29, 2016

Proceeding towards the end of the rally.

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The down sloping trendlines are inhibiting further gains. The bullish phase should end as we turn into April.
Thursday, March 24, 2016

Market Status 3/24/16

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Tuesday, March 22, 2016

Current market up against resistance

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