Sunday, October 31, 2021

MTU Weekend Update - Marching toward Year End (10/29/21 close)

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Tracking  a potential small-degree fifth wave (green) with wave 1-5 equally just shy of 5000, and a potential third zigzag (blue).   
6 comments:
Sunday, October 24, 2021

MTU Weekend Ed - Fifth Wave (10/22/21 Close)

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With the new high in SPX, the risks to the bearish view have materialized.  We observed on the 10/1/21 close: "How about risks to the b...
2 comments:
Saturday, October 16, 2021

MTU Weekend Ed. - Wave B retrace (10/15/21)

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Short term tracking counts (color coded)
2 comments:
Sunday, October 10, 2021

MTU Weekend Ed - Consolidation (10/8/21 close)

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SPX is likely consolidating ahead of another leg down.  The potential structures of the rebound are a triangle (marked),  flat (marked), or ...
3 comments:
Saturday, October 2, 2021

MTU Weekend Ed - Red October (10/1/21 close)

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September not only delivered red candles in key U.S. stock benchmarks, but also saw index closes below the August lows.  We have a three-wav...
10 comments:
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...