ゴールデンサイクルに関するつぶやき

$NDX made a daily cycle low on March 13, on day 50 of its daily cycle. That was confirmed 3 days ago with a decisive close above the 20 day MA and a TSI bullish crossover. Now on day 6 of the new daily cycle it's only 1% below the February high.

$SPX closed above its 20 day MA which confirms that it made a daily cycle low on March 13, on day 53 of the daily cycle. The TSI will have a bullish crossover tomorrow. There's 1 more moving average that it has to close above, the 50 day MA at 4012.

$NDX - The action took a bearish turn today with price closing back below the trendline and the TSI having a bearish crossover just a day after a bullish crossover. As long as price is above the 20 DMA it's still bullish, a close below it will lead to a larger correction.

Unlike NDX $SPX hasn't cleared the trendline yet but given the TSI bullish crossover it should happen tomorrow. Normally the next major price target is 4325 but tech is the only sector that is rallying right now so we'll have to see how high it goes by the end of February.

$NDX cleared the declining trendline. TSI(7,4,7) has a bullish crossover after bottoming at the 0 line. The 80 TD cycle low on February 10 is confirmed which means we've just seen an intermediate term low. The next target is 13175 by the end of February.

$SPX almost hit 4200. Its RSI(14) closed at 69, the highest since August 2022. The futures are down now so if it closes below 4140 tomorrow we'll have a short term bearish reversal. We officially have a Golden Cross today which solidifies the market being in a new bull market.

$SPX - Today we had a successful test of the of the 10 day MA and the 200 day MA. The moving averages configuration is bullish and the Golden Cross between the 50 and 200 day MAs gets closer and closer each day. I still expect that it will close the week higher.

$SPX - We are a week away from a Golden Cross between the 50 day MA and the 200 day MA. The previous times it happened was in Apr 2019 after the Dec 2018 low and in July 2020 after the Mar 2020 low. This will provide another confirmation that the bear market low occurred in Oct.