Intraday & Trading

September 22nd, 2017: PRE-MARKET:

The Dow will open 40 points lower.

No changes to last night's update. Is the top in? It might be and most definitely on some indices. Yet, additional calculations suggest the Dow will push slightly higher still over the next few days to complete long-term calculations. Today's and yesterday's gap lower on NDX/S&P confirm this notion. Most likely by October 10. Let's see how the market trades today and discuss all of the above in our weekly update.

INDIVIDUAL STOCKS: No changes.

BONDS: No changes.

COMMODITIES: No changes.

CURRENCIES: No changes.

Stay tuned. 

September 21st, 2017: PRE-MARKET

The Dow will open flat.

No changes to our daily update. We are waiting for the market to top out at any point now and then start its descend to much lower prices. Considering various divergences in the market it is hard to say what individual indices will do. Having said that, we shouldn't be surprised to see our first leg down today.

INDIVIDUAL STOCKS: No changes.

BONDS: No changes.

COMMODITIES: No changes.

CURRENCIES: No changes.

Stay tuned. 

September 20th, 2017: PRE-MARKET

The Dow will open flat.

No changes to our daily update. We are waiting for the market to top out at any point now and then start its descend to much lower prices. Considering various divergences in the market it is hard to say what individual indices will do. Having said that, we shouldn't be surprised to see our first leg down today.

INDIVIDUAL STOCKS: No changes.

BONDS: No changes.

COMMODITIES: No changes.

CURRENCIES: No changes.

Stay tuned. 

September 19th, 2017: PRE-MARKET:

The Dow will open flat.

No changes to our daily update. We are waiting for the market to top out at any point now and then start its descend to much lower prices. Considering various divergences in the market it is hard to say what individual indices will do. Having said that, we shouldn't be surprised to see our first leg down today.

INDIVIDUAL STOCKS: No changes.

BONDS: No changes.

COMMODITIES: No changes.

CURRENCIES: No changes.

Stay tuned. 

September 18th, 2017: PRE-MARKET:

The Dow will open 40+ points higher and right into our point of force discussed in our weekly update.

Considering today's gap and our overall analysis, I expect the market to close today's gap higher and keep moving lower. This should be the top on the Dow and some other indices.

INDIVIDUAL STOCKS: No changes.

BONDS: No changes.

COMMODITIES: No changes.

CURRENCIES: No changes.

Stay tuned. 

September 15th, 2017: PRE-MARKET

The market will open flat.

No changes to our daily update. All indices should be topping right now and/or completing their respective bounces. Once done, our long awaited decline should begin. That could happen as soon as today. Short-term, we are still looking for the VIX to complete its pattern to $10.20

INDIVIDUAL STOCKS: No changes.

BONDS: No changes.

COMMODITIES: No changes.

CURRENCIES: No changes.

Stay tuned. 

September 14th, 2017: PRE-MARKET

The market will open slightly lower.

No changes to our daily update. All indices should be topping right now and/or completing their respective bounces. Once done, our long awaited decline should begin. That could happen as soon as today. Short-term, we are still looking for the VIX to complete its pattern to $10.20

INDIVIDUAL STOCKS: No changes.

BONDS: No changes.

COMMODITIES: No changes.

CURRENCIES: No changes.

Stay tuned. 

September 13th, 2017: PRE-MARKET:

The market will open flat.

No changes to our daily update. This bounce should be over or nearly over. The only remaining holdout is the VIX. When it closes its gap from last week, the market should turn lower. Initiating our long awaited decline. That can happen as soon as today. No other changes.

INDIVIDUAL STOCKS: No changes.

BONDS: No changes.

COMMODITIES: No changes.

CURRENCIES: No changes.

Stay tuned. 

September 12th, 2017: PRE-MARKET

The Dow will open 50+ points higher.

It appears we seeing the 4th repeat of the same trading formation we have seen over the last few weeks. The only remaining gap target is on the VIX. Located at $10.20. Once completed, the market should reverse lower. Starting our long awaited sell-off. Today's rally and gap higher are likely to fail Intraday as well.

INDIVIDUAL STOCKS: No changes.

BONDS: No changes.

COMMODITIES: No changes.

CURRENCIES: No changes.

Stay tuned. 

September 11th, 2017: PRE-MARKET

The Dow will open 100+ points higher.  Projecting future move to the downside in the process.

I believe this opening is consistent with what we talked about in our weekly update. Last week all indices and volatility left a substantial gap down (up) at around 22,000 on the Dow. I believe the market will attempt to close this gap prior to reversing down. Longer-term, no changes. We are waiting for a large scale sell-off to start.

INDIVIDUAL STOCKS: No changes.

BONDS: No changes.

COMMODITIES: No changes.

CURRENCIES: No changes.

Stay tuned. 

September 8th, 2017: PRE-MARKET:

The Dow will open 60+ points lower.

No changes to our previous short-term and long-term analyses. We are in a waiting mode, waiting for our large scale long-term sell-off to start. Short-term, we might see the closure of Tuesday's and today's gaps lower before the market resumes downside.

INDIVIDUAL STOCKS: No changes.

BONDS: No changes.

COMMODITIES: No changes.

CURRENCIES: No changes.

Stay tuned. 

September 7th, 2017:  PRE-MARKET:

The Dow will open flat to slightly higher.

No changes to our previous short-term and long-term analyses. We are in a waiting mode, waiting for our large scale long-term sell-off to start. Short-term, we might see the closure of Tuesday's gap lower before the market resumes downside.

INDIVIDUAL STOCKS: No changes.

BONDS: No changes.

COMMODITIES: No changes.

CURRENCIES: No changes.

Stay tuned. 

September 6th, 2017: PRE-MARKET:

The Dow will open 60 points higher.

Short-term, the market has to decide if it will close yesterday's gap lower before resuming downside. If not, further downside acceleration is expected at any moment. As outlined in our weekly/daily updates. Today's gap higher projects future direction - to the downside.

INDIVIDUAL STOCKS: No changes.

BONDS: No changes.

COMMODITIES: No changes.

CURRENCIES: No changes.

Stay tuned. 

September 5th, 2017 : PRE-MARKET:

The Dow will open 60 points lower.

No changes to our weekly update. We are likely to see the closure of today's gap down, then a reversal lower. We are out of our elliptical structure and we should see acceleration down at any moment now.

INDIVIDUAL STOCKS: No changes.

BONDS: No changes.

COMMODITIES: No changes.

CURRENCIES: No changes.

Stay tuned. 

September 1st, 2017:  PRE-MARKET:

The Dow will open 60+ points higher.

We are definitely witnessing the closure of prior gap downs. The target on the Dow is around 22,025. Once the closure arrives, the market will be free to shift into our original forecast. Acceleration down should begin shortly thereafter. No other changes to our daily forecast.

INDIVIDUAL STOCKS: No changes.

BONDS: No changes.

COMMODITIES: No changes.

CURRENCIES: No changes.

Stay tuned.