The Dynamics have changed some which I go over in tonight's video, but the low date may now provide a great buying opportunity. I mention the VIX in the headline, because the pattern I am following with what took place in September 2018, the VIX also has an eerily pattern as well. But the difference is-this one is much larger. I would not be surprised to see the bulls try and gap their way up to close the 2944 gap (being that is the only way they can move higher) but there is something not right here. I can't put my finger on it just yet, but there is no reason at all for the Fed to be panicking right now. Economy is best in history (to some) unemployment is at all-time lows and the stock market is within 25 points of all-time highs . So why are they talking about rate cuts? What do they know that has them scared? That is above my pay grade, but I can tell you this, something doesn't feel right here. Enjoy the video below. G
Special Rate Plans: https://www.sentimenttiming.com/special-pricing-plans-alone/
Nominal tactical weakness has been due into 2/22. Now, to reiterate, “nominal tactical weakness” is not a “Sell” signal. It is just the timing profile. Again, as noted: “The Interim profile is still Bullish.” The December Low was excessive, and the rebound is becoming excessive too. If a corrective range is forming, another or, several 2-3 day declines may occur over the next two weeks. Now, the next nominal trading high is due near 4/10ish. That does not mean stocks are just going higher from here to there by any means. It makes the most tactical sense for stocks to correct or to become congested for a while. • Near Term Diagnosis: Sentiment is 83% Bullish today following a relatively rare 97% bullish yesterday. These are clearly cautionary. • Interim Term Diagnosis: The Interim Trend still allows for recovery rallies, by fits and starts, into at least early April or perhaps even into June.
MARKET TIMING: A tactical trading low was ideally due last week and came in on 10/11 synchronous with the 0% Bullish. This week is messy with an upside bias due next week. Given the expansion of the range, it may all amount to not very much: “I still foresee a notable relief rally in November. That may be followed by more weakness than anyone expects into year end.” The code is for a nominal Recovery near 10/26 and, post-Election, engineer a decent upside episode into Thanksgiving followed by perhaps surprisingly robust downside in December. These codes may morph and become more, or less defined, so be aware of that. These are tricky times and “loco” maneuvers can occur.