NASDAQ-100 update II: You have arrived!?

Two weeks ago I was looking for the NASDAQ-100 (NDX) to reach the “Ideal target for all of minor-5 / intermediate-iii: $7165-7290.” Well… “You have arrived” 🙂 as it tagged $7291.31 on Thursday after nicely subdividing -as forecasted- and since started to decline a bit. That’s what expert and accurate stock market forecasting does for…

Market Update: Free Premium Weekly Market Digest

Over the past weeks I’ve updated you on my view of the “State of the US major market indices”, see here, here and here, and how the recent technical breakout was to be interpreted as Bullish until we’d see a move below breakout levels. That move down has yet to materialize and when assessing the current state of…

S&P500 now on track for 2485-2505 target zone

In last week’s update of the NDX, see here, I correctly questioned if an important top was struck or not; and was correctly seeing higher prices regardless.  I ended my update on a Bullish note “The two prevailing counts on the S&P500 are … : major-3 top in, vs minor-5 of intermediate-v of major 3…

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…