Category: Uncategorized

State of the Market Address:

• The Dow remains below 21,000.
• Shiller’s Adjusted S&P P/E ratio is now at 28.70 Arguably the second highest level in history (if we adjust for 2000 distortions) and right behind 1929 top at 29.55.
• Weekly RSI at 61.00 Remains at overbought levels. Daily RSI is at 37.41 – neutral.
• Prior years corrections terminated at around 200 day moving average. Located at around 17,400 today (on weekly).
• Weekly stochastics at 55.44 Neutral. Daily at 21.11 – beginning to approach oversold levels.
• NYSE McClellan Oscillator is at -4. Neutral.
• VIX/VXX remain near their historic lows. Commercial VIX long interest was slightly lower this week, but remains at near record levels. Now at 95K contracts net long. 
• Last week’s CTO Reports suggest that commercials (smart money) are shifting their positioning to net short.  In fact, short interest jumped dramatically as compared to last week. For instance, the Dow is 5.5X, the S&P is at 2X, Russell 2000 is at 2.5X and the Nasdaq is at 7X short. That is a significant short position against the market.

In summary: For the time being the market remains in a clear bull trend. Yet, a number of longer-term indicators suggest the market might experience a substantial correction ahead.  Plus, the “smart money” is positioning for some sort of a sell-off.

If you would like to find out exactly what happens next based on our Timing and Mathematical work, please Click Here. 

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ATTENTION!!! Please note, we have moved most of our free editorial content to our new website MarketSpartans.com Please Click Here to view it.

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ELLIOTT WAVE UPDATE:

Since many people have asked, I will attempt to give you my interpretation of Elliott Wave and how it is playing out in the market. First, I must admit. I don’t claim to be an EW expert, but I hope my “standard” interpretation is of help.

Let’s take a look at the most likely recent count on the S&P.

Explanation:

Long-Term: It appears the S&P is quickly approaching the termination point of its (5) wave up off of 2009 bottom. If true,we should see a massive sell-off later this year.

Short-Term: It appears the S&P might have completed its intermediary wave 3. If so, the market is now correcting in an intermediary wave 4. Once wave 4 is completed, the market will  push higher, perhaps to a new all time high in wave 5 of (5). If true, the above count should terminate the bull market.
If you would like to find out exactly what happens next based on our Timing and Mathematical work, please Click Here. 

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ATTENTION!!! Please note, we have moved most of our free editorial content to our new website MarketSpartans.com Please Click Here to view it.

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State of the Market Address:

• The Dow remains below 21,000.
• Shiller’s Adjusted S&P P/E ratio is now at 28.85 Arguably the second highest level in history (if we adjust for 2000 distortions) and right behind 1929 top at 29.55.
• Weekly RSI at 65.34 Remains at overbought levels. Daily RSI is at 43.06 – neutral.
• Prior years corrections terminated at around 200 day moving average. Located at around 17,400today (on weekly).
• Weekly stochastics at 60.63. Approaching neutral levels. Daily at 48.80 – neutral.
• NYSE McClellan Oscillator is at +-16. Neutral.
• VIX/VXX remain near their historic lows. Commercial VIX long interest was slightly lower this week, but remains at near record levels. Now at 95K contracts net long. 
• Last week’s CTO Reports suggest that commercials (smart money) are shifting their positioning to net short.  In fact, short interest jumped dramatically as compared to last week. For instance, the Dow is 5.5X, the S&P is at 2X, Russell 2000 is at 2.5X and the Nasdaq is at 7X short. That is a significant short position against the market.

In summary: For the time being the market remains in a clear bull trend. Yet, a number of longer-term indicators suggest the market might experience a substantial correction ahead. The market remains at extreme valuation levels and severely overbought on both daily and weekly charts. Plus, the “smart money” is positioning for some sort of a sell-off.

If you would like to find out exactly what happens next based on our Timing and Mathematical work, please Click Here. 

---

ATTENTION!!! Please note, we have moved most of our free editorial content to our new website MarketSpartans.com Please Click Here to view it.

---

ELLIOTT WAVE UPDATE:

Since many people have asked, I will attempt to give you my interpretation of Elliott Wave and how it is playing out in the market. First, I must admit. I don’t claim to be an EW expert, but I hope my “standard” interpretation is of help.

Let’s take a look at the most likely recent count on the S&P.

Explanation:

Long-Term: It appears the S&P is quickly approaching the termination point of its (5) wave up off of 2009 bottom. If true,we should see a massive sell-off later this year.

Short-Term: It appears the S&P might have completed its intermediary wave 3. If so, the market is now correcting in an intermediary wave 4. Once wave 4 is completed, the market will  push higher, perhaps to a new all time high in wave 5 of (5). If true, the above count should terminate the bull market.
If you would like to find out exactly what happens next based on our Timing and Mathematical work, please Click Here. 

---

ATTENTION!!! Please note, we have moved most of our free editorial content to our new website MarketSpartans.com Please Click Here to view it.

---

State of the Market Address:

• The Dow remains below 21,000.
• Shiller’s Adjusted S&P P/E ratio is now at 28.93 Arguably the second highest level in history (if we adjust for 2000 distortions) and right behind 1929 top at 29.55.
• Weekly RSI at 68.39 Remains at overbought levels. Daily RSI is at 47.90 – neutral.
• Prior years corrections terminated at around 200 day moving average. Located at around 17,350 today (on weekly).
• Weekly stochastics at 64.43. Approaching neutral levels. Daily at 43 – neutral.
• NYSE McClellan Oscillator is at +14. Neutral, but has worked off severely oversold conditions. The market might be ready for another leg down.
• VIX/VXX remain near their historic lows. Commercial VIX long interest was slightly lower this week, but remains at near record levels. Now at 95K contracts net long. 
• Last week’s CTO Reports suggest that commercials (smart money) are shifting their positioning to net short.  In fact, short interest jumped dramatically as compared to last week. For instance, the Dow is 5.5X, the S&P is at 2X, Russell 2000 is at 2.5X and the Nasdaq is at 7X short. That is a significant short position against the market.

In summary: For the time being the market remains in a clear bull trend. Yet, a number of longer-term indicators suggest the market might experience a substantial correction ahead. The market remains at extreme valuation levels and severely overbought on both daily and weekly charts. Plus, the “smart money” is positioning for some sort of a sell-off.

ELLIOTT WAVE UPDATE:

Since many people have asked, I will attempt to give you my interpretation of Elliott Wave and how it is playing out in the market. First, I must admit. I don’t claim to be an EW expert, but I hope my “standard” interpretation is of help.

Let’s take a look at the most likely recent count on the S&P.

Explanation:

Long-Term: It appears the S&P is quickly approaching the termination point of its (5) wave up off of 2009 bottom. If true,we should see a massive sell-off later this year.

Short-Term: It appears the S&P might have completed its intermediary wave 3. If so, the market is now correcting in an intermediary wave 4. Once wave 4 is completed, the market will  push higher, perhaps to a new all time high in wave 5 of (5). If true, the above count should terminate the bull market.
If you would like to find out exactly what happens next based on our Timing and Mathematical work, please Click Here. 

---

ATTENTION!!! Please note, we have moved most of our free editorial content to our new website MarketSpartans.com Please Click Here to view it.

---

State of the Market Address:

• The Dow remains below 21,000.
• Shiller’s Adjusted S&P P/E ratio is now at 29.02 Arguably the second highest level in history (if we adjust for 2000 distortions) and right behind 1929 top at 29.55.
• Weekly RSI at 68.22. Remains at overbought levels. Daily RSI is at 47.38 – neutral.
• Prior years corrections terminated at around 200 day moving average. Located at around 17,350 today (on weekly).
• Weekly stochastics at 64.31. Approaching neutral levels. Daily at 45.60 – neutral.
• NYSE McClellan Oscillator is at +36.02. Has worked off severely oversold conditions. The market might be ready for another leg down.
• VIX/VXX remain near their historic lows. Commercial VIX long interest was slightly lower this week, but remains at near record levels. Now at 105K contracts net long. 
• Last week’s CTO Reports suggest that commercials (smart money) are shifting their positioning to net short.  In fact, short interest jumped dramatically as compared to last week. For instance, the Dow is 8X, the S&P is at 2X, Russell 2000 is at 2.5X and the Nasdaq is at 7X short. That is a significant short position against the market.

In summary: For the time being the market remains in a clear bull trend. Yet, a number of longer-term indicators suggest the market might experience a substantial correction ahead. The market remains at extreme valuation levels and severely overbought on both daily and weekly charts. Plus, the “smart money” is positioning for some sort of a sell-off.

If you would like to find out exactly what happens next based on our Timing and Mathematical work, please Click Here. 

---

ATTENTION!!! Please note, we have moved most of our free editorial content to our new website MarketSpartans.com Please Click Here to view it.

---

State of the Market Address:

• The Dow has bounced, but remains below 21,000.
• Shiller’s Adjusted S&P P/E ratio is now at 29.02 Arguably the second highest level in history (if we adjust for 2000 distortions) and right behind 1929 top at 29.55.
• Weekly RSI at 68.61. Remains at overbought levels. Daily RSI is at 48.14 – neutral.
• Prior years corrections terminated at around 200 day moving average. Located at around 17,350 today (on weekly).
• Weekly stochastics at 70.21. Approaching neutral levels. Daily at 46.12 – neutral.
• NYSE McClellan Oscillator is at +36.6. Has worked off severely oversold conditions. The market might be ready for another leg down.
• VIX/VXX remain near their historic lows. Commercial VIX long interest was slightly lower this week, but remains at near record levels. Now at 105K contracts net long. 
• Last week’s CTO Reports suggest that commercials (smart money) are shifting their positioning to net short.  In fact, short interest jumped dramatically as compared to last week. For instance, the Dow is 8X, the S&P is at 2X, Russell 2000 is at 2.5X and the Nasdaq is at 7X short. That is a significant short position against the market.

In summary: For the time being the market remains in a clear bull trend. Yet, a number of longer-term indicators suggest the market might experience a substantial correction ahead. The market remains at extreme valuation levels and severely overbought on both daily and weekly charts. Plus, the “smart money” is positioning for some sort of a sell-off.

ELLIOTT WAVE UPDATE:

Since many people have asked, I will attempt to give you my interpretation of Elliott Wave and how it is playing out in the market. First, I must admit. I don’t claim to be an EW expert, but I hope my “standard” interpretation is of help.

Let’s take a look at the most likely recent count on the S&P.

Explanation:

Long-Term: It appears the S&P is quickly approaching the termination point of its (5) wave up off of 2009 bottom. If true,we should see a massive sell-off later this year.

Short-Term: It appears the S&P might have completed its intermediary wave 3. If so, the market is now correcting in an intermediary wave 4. Once wave 4 is completed, the market will  push higher, perhaps to a new all time high in wave 5 of (5). If true, the above count should terminate the bull market.
If you would like to find out exactly what happens next based on our Timing and Mathematical work, please Click Here. 

---

ATTENTION!!! Please note, we have moved most of our free editorial content to our new website MarketSpartans.com Please Click Here to view it.

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We are moving our free editorial content as of January 16th, 2017 to………. 

www.MarketSpartans.com 

Simply put, it will give us the ability to offer more and better analysis. From a number of affiliated and non affiliated sources. We will do our best to bring you the best macro, technical, fundamental, political and market analysis out there. So, make sure you take a look as this new site takes its intended shape over the next few months.

There are no changes to our InvestWithAlex Premium Service. It remains fully functional on this site.

As you already know, Matt Demeter’s (Demeter Capital) weekly coverage concentrates on some of the most popular worldwide indices, futures, bonds, stocks, commodities and currencies. Matt’s work is some of the most accurate I have ever seen and it shows. The table below represents just a small portion of work available from Demeter Research. To learn more and to see Matt’s work in action, please Click Here.

Report Date: June 13th, 2016  (Including COT Reports). 

For up to the minute long-term and short-term analysis on all of the markets below, please