Last week, global equities declined following yet another Trump Tariff barb (noise) but the big picture bullish outlook remains intact (signal). The question is whether the corrective decline for wave (4) is complete and the impulsive rally extends immediately higher for (5) up, or wave (4) develops into a more complex correction or triangle. Bulls […]

Last week, equities rallied strongly through layered resistance in a gap and go following Trump's Tariff capitulation with China. Risk markets celebrated Trump walking back the trade war narrative and kicking the can down the road. The latest rally opens the door to a hard test of ATH's and potential for an immediate wave (5) […]

Last week, equity markets extended higher as expected and are now testing a key inflection zone. There are now enough waves in place to complete a counter-trend 3 wave rally into layered resistance. Bears need to make a stand this week to reverse last week's rally or risk a bullish extension. Gap and go or […]

Last week, global equity markets extended higher as expected and are now approaching measured upside targets. We continue to see this rally as part of an ongoing wave (4) triangle consolidation within a bigger picture bull market rally. So far, the rally is only in a corrective 3 waves up nearing equality resistance. We are […]

Last week, equities held near term support and rallied strongly as expected to help maintain our bullish bias for wave (c) higher. We continue to see this corrective rally as part of an ongoing sideways wave (4) triangle consolidation. Near term bulls remain in control while above last week's lows as we look for an […]