DOW update: is a bull flag forming too?

Last week we showed the potential bull flag that is forming on the NAZ and NDX, and this week nothing has happened that would change our mind to re-assess this pattern. Instead we now also find this pattern on the DOW. If correct, the pattern is about to complete and it should target $19,100. That’s…

NAZ/NDX update: is a bull flag forming?

This is an excerpt out of this weekend’s premium members’ update. To become a premium member, click here. Click charts to enlarge: “Here at A.I. we don’t only look at the SPX but we follow all major indices. This allows for a holistic view prone to less errors and guessing. Given the major –pun intended-…

S&P500 update: how bad is it? Or is it bad at all?

Since our last market update, which outlines our preferred wave count (see here) we noticed that market sentiment appears rather negative these days albeit the market refusing to break down and instead time and time again launches itself back into the 2075-2100 zone, like it did on Friday, where it has resided for most of…