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A Tale of Two Cities by Charles Dickens famously begins, ''It was the best of times, it was the worst of times.'' Two weeks ago was the worst week for the stock market so far this year. Last week was...
Nasdaq 100’s bounce faces scrutiny—will the tech rally continue? A break above 19,700 could signal further bullish momentum. The lack of strong bullish catalysts means the index's follow-through...
In our last update from late August, we assessed, using the Elliott Wave Principle (EWP), whether the Nasdaq 100 (NDX) was ready to move lower and found that “The index has dropped below the blue...
European and US stock futures are trading mixed, while investors are paying close attention to economic numbers from China and Europe. Over in Europe, we saw the German Final CPI m/m number matching...
The index that had managed to break to new highs last week, the Dow Industrial Average, now finds itself pulling further away from its "Bull Trap" into a test of its 20-day MA. Selling volume was...
Stocks fell sharply yesterday, with the S&P 500 down more than 2% and the Nasdaq 100 dropping 3.15%. These declines aren’t entirely unexpected, and some of the drop is due to the end-of-day surge...
As we move into September, the stock market's uptrend, which began in early 2023, continues to hold firm despite experiencing a series of routine corrections. In last month's newsletter, I discussed...
Well, it looks like the day before yesterday’s implied volatility ramp higher came back to bite the market yesterday. The early IV crush in the VIX 1D went from 21 to 11, sending the S&P 500...
For those new to our work, we primarily use the Elliott Wave Principle (EWP) to forecast the financial markets, such as the Nasdaq 100. The EWP allows us to identify the path the market can most...
The S&P 500 remains in an uptrend despite a recent pause. The index could head toward the all-time highs in case of a bullish open. Nasdaq 100, which ended yesterday lower, will look to rebound...
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