Next months is the first month for potential downside reversal based on my prop cyclical indicators as bulls are running out of time and space
Komen:
Very key close today as many indexes turned their daily trends down. Negative
Komen:
This is the near term bear case vs the 2014/2015 temporary bull case into summer. Fed meeting next months and likely BOJ potential actions in April likely to decide which one
Komen:
SPX could go worst case 2800/2900 using simple symmetry to the previous 2 bear legs since the start
Komen:
The micro fractal analog for this one is the Nov 22, 2021 to Dec 3, 2021
Komen:
3860s very likely to be tested pretty soon. How SPX reacts there likely the key for this market to decline swiftly or more upside into summer before a larger decline
Komen:
JP has testimony today/tomorrow so lets see what happens
Komen:
And the 3860 was tagged as I expected
Komen:
SPX closes the week at 3862...no coincidence
Komen:
Liquidity spigots slowly turning up, seems panic sets in the hearts of CBs yet again
Komen:
After the liquidity spigots reopened, it was clear the structure changed. Currently, the macro fractal likely resembles 1973 with microfractal of 2019 with the triangle in the middle