A Critical Line in the Financial Markets Will Likely Be Crossed in Early 2025

ByEquiPredict June 16, 2024June 16, 2024

The chart included here (click on chart to expand) is not a chart intended to promote fear. In fact, the bull market party should continue for some time. It’s important to be long stocks right now. Here’s a chart for US Markets Net New Highs/New Lows to watch as well.

However, since 2004, when the blue line on this chart has been crossed, it has foreshadowed a coming multi-year decline or extended period of sideways action in the markets.

At the moment, the chart is giving us a “thumbs up” to continue picking stocks to be long (buy and hold), but it does appear our run to the upside in the markets may soon need a breather at the very least.

We’ll post an update of this chart in December 2024 to see where we’re at. Stay tuned.

Happy trading.

EquiPredict

Exercise Caution During Current Rally

ByTradeTimingPro April 23, 2024

Temporary Bottom In Place We alerted readers on 4/16 that a short term bottom is approaching. That bottom has been built and there is a short-term rally taking place. Traders should exercise caution and have in place tight stops if participating in this rally. Expect a selloff next week.

EquiPredict

Brave-Butters-Kelley Index Cycle Forecasting Market Downturn

ByEquiPredict September 15, 2024

The chart included here (click to expand) is providing a stark warning to investors that although we likely have more room to run to the upside in the markets, a downturn is ahead (or sideways action at best). This chart is a harmonic cycle (pink line) pulled from the Brave Butters Kelley index (you can…

EquiPredict

Bullish Bias for JETS ETF and Airline Stocks

ByEquiPredict July 30, 2024July 30, 2024

Traders and investors should be watching for bullishness into the fall for several airline stocks as well as the US Global Jets ETF (Ticker: JETS). We are sharing here with our readers the weekly JETS chart with the EquiPreict forecast model (blue) overlaid on the current momentum cycle (red) of the JETS ETF. Charting enthusiasts…

EquiPredict

How to Easily Identify Areas of Support and Resistance on a Stock Chart

ByEquiPredict November 5, 2024November 5, 2024

This is the chart of Darden Restaurants (Ticker: DRI), going back to the start of 2024. Using only price action and volume, a trader can easily spot areas of support and resistance. These areas should be viewed as areas of opportunity. In this example, we can see that price is pushed away from about $170…

EquiPredict

Miss Out on the Latest Spotify Stock Run? Here’s Your Next Chance

ByTradeTimingPro April 15, 2024

Spotify Technology Stock Has Been Consistently Profitable Under the TradeTimingPro Model Since 2020 Spotify Technology (Ticker: SPOT) has been a model stock ticker under the TTP model since 2020 and the next lower risk cycle low bottom is around the corner. Remember! Patience pays! Traders shouldcheck back on the stock mid July and look for…

EquiPredict

The Stock Market Just Fired a Warning Shot – Here’s the Proof

ByEquiPredict August 15, 2024August 15, 2024

The 3 charts included here are ones all investors should be taking careful note of. (Click the chart above to expand). These charts represent the PERFORMANCE of the groups listed in the charts in comparison to the general stock market (The S&P 500: SPY / or the Vanguard Total Stock Market ETF: VTI) What we’re…

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