Sunday, September 26, 2021

MTU Weekend Ed - Wrapping up Q3 (9/24/21 close)

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The August low in SPX was breached decisively this past week. As the 3rd quarter concludes this coming week, we will see if SPX delivers the...
1 comment:
Sunday, September 19, 2021

MTU Weekend Ed - Turning (9/17/21 close)

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SPX is potentially turning this month following a marginal ATH.  Its low in August is 4367.73, which needs to be breached for a credible tur...
Tuesday, September 7, 2021

MTU Weekend Ed. - Nested Wedges (9/3/21 close)

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If nested wedges in SPX are present, the next correction is likely swift, taking less than 18 months to complete. 
Saturday, August 28, 2021

MTU Weekend Ed. - Wedging once more (8/27/21 close)

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 The new high in SPX has promoted the small wedge count highlighted last week.  
2 comments:
Sunday, August 22, 2021

MTU Weekend Ed. - Turn(ing) (8/20/21 close)

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A clean top in SPX, but a three-wave decline so far (Chart 1).  The three-wave decline can morph into a leading diagonal triangle or a large...
4 comments:
Friday, August 13, 2021

MTU Weekend Ed. - Wrapping Up (8/13/21)

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 A potential EDT midweek did not play out as our small-degree wave (c) continue to advance.  By the end of week (Friday, the 13th), wave(c) ...
Wednesday, August 11, 2021

Wednesday Update - Wedge Watching (8/11/21)

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If this EDT interpretation is valid, a case can be made that high today or tomorrow is a remarkable one.  See the weekend update for context...