Aug 13, 2025
Quick update
If you look at DJ/NYSE/SPXEW you will see something like on the first chart. Because of the AI bubble you see new high. For those cheering check November-February SPX/NDX and the other indices.
BraVoCycles Newsletter @BraVoCycles:
"3 of the Magnificent 7 stocks: AAPL, GOOG and NVDA collectively contributed 109% and 151% of SPX and NDX gains, respectively, in the last 3 days. Without them SPX and NDX would have been red!"
DJ - normal corrective price action and possible impulse count from the April low
SPX - probably the same price action like DJ - corrective wave with triangle in the middle, but because of the tech overweight you see new highs. Commented about this already exatcly like November-February highs check - SPX/NDX and the other indices.
DAX - looks like triangle
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Thanks a lot, and the dollar?
ReplyDeleteBottoming 4y cycle low 2021-2025
Deletethat is a good one...corrective wave that is higher
ReplyDeleteYes see 2019 or the beginning of this year... but why bother studying the charts ... just another idiot
DeleteWhat about semiconductor index until this tops market holds up
ReplyDeleteThe same like the indices - most likely b/c-waves to complete the pattern all the way back to 2009 - https://invst.ly/1bxsfq
DeleteSome say this is going to 7k before a good pullback. Is this possible in the cycle?
ReplyDeleteProbably the final wave but not now. 7k has no meaning it is just a round number
DeleteDJ Futures swept July highs today and cash index might gap up above it in todays session. Does it invalidate your abc wave on the first chart? Br
ReplyDeleteNo
Delete