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Editor of Market Twists & Turns — delivering unmatched stock, crypto, commodities, and forex analysis using a unique blend of Cycles, Cycle Price Projections, Elliott Wave Theory, plus technical & sentiment tools. With 30 years in financial markets, I help you anticipate turns, ride waves, and stay ahead of the crowd. Subscribe for real-time analysis and insights. Not a financial advisor.
SPX - Technical Analysis 101
1. The McClellan Summation Index ($NYSI), a key trend indicator, is pointing down.
2. Negative divergence is seen in RSI, MACD, and $NYSI.
3. The MACD histogram has turned negative.
4. There's temporary support at the middle Keltner band.
5. Breaking below the August gap and June high (brown line); next support is at the lower Keltner band and 50-day MA.
Watch this interview!
Markets move in cycles — and the data is getting louder. In this @BitcoinNews
interview with @2084Richardson I break down:
– Current cycle positioning
– Bitcoin’s next major leg
– Why 2030 looks structurally different
Full conversation here
https://x.com/BraVoCycles/status/2091247083617407440