Feed
Feed

Public feed

The latest public Slice posts, articles and creator updates.

Market down 600 points and

Onida up...Now did't I keep saying time and again, MIRC should be bought?

It was cheap at 25 -30 and even now it cheap.... and not in SME

Repono and United Heat were buyer along with GE Power in down market, which is a correction....

Sharika too was buyer, along with Tirth Plastic.


SPX - 3 Dominant Cycles

  • I already presented a cycle composite when all "reliable" cycles are included in the cycle composite
  • This chart shows the three dominant cycles on the daily chart
  • 15W and 24W have already curled down, and 37W cycle will roll over in a few days.
  • When all three point in the same direction, we get sharper price movement
  • Of course, there are several other shorter and longer cycles that matter but these are most important ones

Warsh's first Fed meeting: a regime change on two fronts at once (Repost from X)

The Fed held rates at 3.5%–3.75% today — a fourth straight hold. But the hold buried the real story. Kevin Warsh used his debut to signal a hawkish turn AND rewire how the Fed talks to markets.

The hawkish surprise. Trump appointed Warsh to cut. Instead, the committee signaled a hike is ahead — nearly every member now expects to hike or hold, with only one official penciling a cut this year. The driver: inflation from the Iran war, with May CPI at 4.2%. Median dot now sees rates at 3.8% by year-end — implying one hike, then a long hold.

"Regime change," literally. Warsh announced five task forces to rethink core areas of monetary policy — communications, the balance sheet, productivity & jobs, and inflation frameworks. The charge: "start with first principles, ask hard questions... propose next steps." He'd promised regime change. Today he meant it.

No forward guidance. This is the big one for traders. Warsh s

... see more

SOX Cycle Price Target

  • SOX 18td price target is in the upper range of the target box on the Elliott wave chart
  • The 261.8% Fibonacci expansion target is right inside it

How Do I Calculate Targets

Uptrend Example (Downtrend Reverse)

(A) Upside targets, 2 methods:

  1. Fibonacci expansions for the assumed Elliott wave structure (I think I had a lesson on that, and will try to repost it when I find it), for example, the most typical target for wave 3 is the fib expansion 1.618% of 1-2, but it could be also 1.382%, 200% and in extended 3rd waves even 2.618%
  2. Using the cycle price projections which have accuracy of >70% hit rate; as the trend evolves, higher and higher targets trigger, keeping us in trade. When the highest possible target is achieved, it is a sign of mature trend and apending reversal

(B) Downside targets

  • It is generally premature to talk about downtrend targets before there is a clear top indication.
  • Assuming a top is in place, one can use Fibonacci targets for retracements. For example, if the high was wave 3, an ideal retrace of 3 is 38.2%, but it could also be 23.6% or 50%. Ideal wave 1 retracement is 61.8%, but it could be also 50% or 78.6%.
  • Once
... see more

Dr Copper Topped

Cycles warned 3-4 weeks ago about copper due for a reversal.

Seems cycles were right. Copper should struggle at least a few months.

Cycles do not lie!



Quick OBV lesson we get to watch play out with Micron

When OBV and price move up together that's bullish.

When OBV is going down but price is going up, that's usually bearish (bear div)


I don't think this warrants a short because fundamentals for Micron are strong and the market has been good at squeezing higher on lower volume but this will be a good example to watch in real time if OBV is going to accurately predict a future move.

long SOXS as VIX is about to have a big breakout

Sold 100%

breakout

Direxion Daily Semiconductor Bear 3X ETF

Direxion Daily Semiconductor Bear 3X ETF

17 Jun

CLOSEDLONG

Invested Capital

10.5%

Buying Price

4.220$

Selling Price

4.175$

ROI

-1.07%

GLD - 24-Week Cycle

  • This is the dominant cycle, it should be bottoming about mid-July, give or take


It's Gold O'clock Time, Soon

Allow for more GLD bottoming in July, then watch for a reversal.

You do not want to miss a potential September rally.



Will MOVE Index Move on FED Day?

The MOVE Index (bond market’s “VIX”) measures expected volatility in U.S. Treasuries — when the MOVE rises sharply, bond prices usually fall (yields rise) as uncertainty and selling pressure increase; conversely, a declining or low MOVE is generally bullish for bonds, signaling calmer markets and supporting higher bond prices.

MOVE could start to move within a week or two, based on the 3 dominant cycles.




Russia increased supplies of mineral resources and crude oil to ASEAN countries by 40% in the Q1 of 2026 and intends to conclude long-term contracts with these states as well as the joint development of storage and distribution infrastructure. This will ensure energy security and competitive prices for ASEAN nations on a long term basis.


In addition to energy resources, Russia has been expanding supplies of agricultural products: exports of meat products have increased 50-fold over the past decade and fertiliser exports have more than tripled.