Jan 17, 2026
Update
The same like last week waiting for the ED to be completed.
Perfect pattern will be to complete this a-b-c with c as a diagonal and the whole move is one big wedge.
McClellan Summation Index looks the same like at the previous 4y cycle high - double divergence and very weak at the top reaching only the 500 level.
Everyone on Twitter is posting this rising wedge because it's so obvious. What's the alternative? This never plays out.
ReplyDeleteThere is no alternative this is 4y cycle high.
DeleteThe alternative I see - https://invst.ly/1etenx
DeleteNot really an alternative, just extend and pretend for one more 5w cycle and bigger wedge.
Looks like market is about to open below that lower trend line if current weakness persists
ReplyDeleteIs it possible April 2025 was wave A and this is wave strong B of flat at 161% of A?
ReplyDeleteInteresting question.... pattern with low probability, but not impossible. The problem is it could be confirmed only in hindsight.
DeleteGLD will reach 5000 very soon, it seems?
ReplyDeletetrump say market will double, what peak 4y you talking about?
ReplyDeleteIdiot listening to another idiot.....
Delete10w low?
ReplyDeleteprobably
ReplyDelete