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In terms of a single sentence summary:


SPIEF 2026 was about building the institutions, technologies, payment systems, transport corridors and partnerships required for a multipolar Eurasian-centred economic order removed from Western financial and technological infrastructure.

SpaceX prospecuts is very interesting... Basically Musk invented Starlink to make demand for his rocket launching business. Witht the new Starship - I think he is hoping to make demand by promoting his satellite data centre model. Data centre satellites will be so much more massive, only Starship could possibly transport them. Its a bold plan - but it could easily fail... but if it doesn't, he will revolutionise another industry.

S&P 500 Update

Keltner Channel has curled downward. $SPX should normally bounce off the lower Keltner, but in strong downtrends, it may just slide along the lower Keltner.

The swing trend indicator, the McClellan Summation Index, is pointing downward.

The McClellan Oscillator is weak and approaching oversold territory, but not there yet.



4-Year Bitcoin Cycle
- Originally predicted the $BTC peak for late December 2024.
- The peak occurred over 10 months later, within days of the original forecast.
- I expect $BTC to bounce for 5-6 weeks based on IT cycles, but then move down into late 2026 or early 2027.


This was a truly amazing forecast!



NASDAQ recorded the largest-ever point loss (not percentage) on Friday.


What a day, what a week!


This is what subscribers said on Friday:




NASDAQ 100 Detrended Seasonality


It looks like $NDX responded to the seasonality pattern right on schedule.



S&P 500 Update - Good week [for the bears]

Weekly reversal candle - can be seen in many indexes worldwide


Staples and Healthcare holding up well today

Seems this week we've seen both of these sectors starting to wake up. Investors might be looking for a place to rotate profits if they feel the markets have been exhausted. There's still a lot of speculation going on with Space X and liquidity and what that would look like or if it will be another massive catalyst.

The entire global rate cycle has flipped from cuts to hikes.


For about 15 years, the reflex everyone learned was simple. When things get shaky, central banks cut. They print, they ease, they backstop the system, and asset prices go up. That's the world we've been trading in since 2008. It's the muscle memory behind every buy-the-dip instinct in the market.


That's not the world anymore. A large majority of the world's central banks are now overshooting their inflation targets, and the Street is pricing hikes, not cuts. Across the board.


Start with the Fed. No cuts are expected this year, and the market is now starting to price in a small chance of hikes by year-end. Trend and trimmed-mean inflation gauges have stalled out around 3% and headline CPI is drifting toward 4%. The June 17 meeting is the first one chaired by Kevin Warsh, and he's a genuine wildcard. He's signaled a more dovish, smaller-balance-sheet philosophy, but he's walking into rising inflation on day one. What he says will

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Crazy how consistent the VIX is following the 2007-09 fractal


double bottom is due tomorrow but with the move down today that might be it now for the vix low

SPX Update

  • SPX is in the ideal range for red ii
  • But there is also that upper gray resistance line at the gap
  • The bounce is still in 3 waves, but it is getting an impulsive look. Though, looking at the 5-min chart, it looks best as a 3-3-5 correction, so far.