Jul 4, 2026

Update

SPX is completing the current short term move higher. Next is a decline... which could be delayed for completing a tringle.

Everybody watching the triangle and continuation higher - the masses wrong as usual. Quick look at the RSI and it is clear - leg lower, corrective leg higher. If there is a triangle it is pointing to a continuation lower.
Or it could be more simple just lower.
And Europe(EU50) - very "bullish" looking chart. Clean waves double zig-zag with perfect Fibo measurments, you can even dig deeper the a,b,c waves and you will see the same, multiple RSI divergences,four and a half years after the previous top - good luck with the continuation higher.

8 comments:

  1. This is not how markets crash or go down for years. You would think in all your wisdom you would know this. It's a healthy pull back in a bull market. If it was a multiple year pullback bulls would have already been trapped. You need to start coming up now with a new excuse because you will be wrong.

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  2. When is the decline? This was suppose to start at 4000

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  3. Decline is coming….just wait sheeple who have made so much money while I am on the sideline and if a decline comes still will make so much $ then waiting for this down move

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  4. You must be the sheep that made money not following this chart

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  5. even with restart of the Iran war, the market still holding up. how to crash? please draw it out.

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  6. Still need a couple weeks for the bull flag to break out. It's going up. Your way early on a drop

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  7. its now 7575 on SPX, your chart is 7505 and goes down.. now how? redraw?

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