Daily Update

Cycles continue to keep us and our subscribers on the right side of the market whether it is up or down. Why waste time looking at news/media and remain glued to markets constantly. Time is better spent elsewhere.

The below note and picture was sent to our subscribers on Aug 13 alerting the bounce (noted in this post) is over and downtrend should resume back again since short-term cycles have topped.

"The push today still couldn't touch/clear 2946. Daily trend has dropped to <SP_D>. So assumption is market finished or about to finish wave C of the retracement with limited upside."

S&P Futures - 08/13/2019