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Showing posts from February, 2025

👀 WEEKLY SUMMARY 17.2-21.2 / FORECAST

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📉 S&P500 – 6th week of the base cycle (average of 20 weeks). By Friday’s close, a triple top formed at the December 9 and January 29 extreme forecast levels, as expected last week . 👉 Strong-handed position traders with stops above the double-top level should have held their short position from January 24. The current futures price has not broken above it. The next pivot forecast is February 24. Based on timing, I cautiously assume that it may work as a correction of Friday’s movement, followed by a downward reversal from the extreme forecast on March 3. ⚠️ There is a high probability that this base cycle will be bearish, with a short rise and a steep drop below the opening. I anticipated this in early January . A bull market does not form a third peak within the first six weeks of the current base cycle. The market remains under the weight of two overextended long cycles, which I have written about extensively in past posts. ⚠️ The most interesting event is expected on the e...

👀 WEEKLY SUMMARY 10.2-14.2 / FORECAST

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📉 S&P500 – 5th week of the base cycle (average of 20 weeks). Monday opened with a traditional gap down. Unfortunately, the gap was too brief to close the short position with a profit. On Wednesday, the extreme forecast on February 11 pushed the market upward after a brief dip on inflation data. Two long cycles remain open, as I have discussed in previous posts . ⚠️ By Friday’s close, there are signs of a triple top forming at the December 9 and January 29 extreme forecast levels. The next pivot forecast is February 24. The most interesting part is expected at the extreme forecast on March 3, coinciding with the start of the retrograde Venus period , which I mentioned in early December. 🏆 GOLD – 14th week of the base cycle (15-20+ weeks). The pivot forecast on February 11 worked as a reversal on Tuesday and set a new high. Based on cycle timing, this pivot forecast may mark the top of the current base cycle. The cycle is quite mature. However, we should not forget about strong s...

👀 WEEKLY SUMMARY 3.2-7.2 / FORECAST

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📉 S&P500 – 4th week of the base cycle (average of 20 weeks). The pivot forecast on February 3 pushed the market upward after the overnight tariff gap. If you remember, I was in a short position at Friday’s close on January 31. I got tempted by the overnight tariff hysteria and closed my position in the morning. The European morning provided a great intraday opportunity to buy back the market with a good profit and open a long position on the pivot forecast. ⚠️ The cycle’s beginning looks very bearish, with a short rise followed by a steep drop below the opening level. I anticipated this in early January . By Friday’s close, signs of a double top at the December 9 and January 29 extreme forecast levels appeared. Strong hands with stops above the double top level should have held their short positions from January 24. The impulse from the January 29 extreme forecast is still active. Two long cycles remain open, as noted in the early January post . 👉 Next extreme forecast: Februar...

👀 WEEKLY SUMMARY 27.1-31.1 / FORECAST

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📉 S&P500 – 3rd week of the new base cycle (average of 20 weeks). It looks like the extreme forecast on January 29 worked as a market reversal, as I anticipated in the previous post . The market was highly volatile during the week under Uranus’ influence, as expected. Essentially, the whole week’s movement was aimed at closing the DeepSeek overnight gap. By Friday’s close, signs of a double top formation at the December 9 extreme forecast level emerged. Friday’s daily signal is downward. ⚠️ If you remember, I was in a short position at Friday’s close on January 24. I got tempted by DeepSeek’s crazy overnight rally and closed my position before the day session started, following an intraday signal. Workable amplitude: around $6K per contract. There was no technical reversal signal during the week, so some strong hands might still be holding their short positions. If Friday’s low is broken, I will re-enter a short position. The January 29 extreme forecast remains in play, and we als...