• 777 days Will The ECB Continue To Hike Rates?
  • 777 days Forbes: Aramco Remains Largest Company In The Middle East
  • 779 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,179 days Could Crypto Overtake Traditional Investment?
  • 1,183 days Americans Still Quitting Jobs At Record Pace
  • 1,185 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,188 days Is The Dollar Too Strong?
  • 1,189 days Big Tech Disappoints Investors on Earnings Calls
  • 1,190 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,191 days China Is Quietly Trying To Distance Itself From Russia
  • 1,192 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,195 days Crypto Investors Won Big In 2021
  • 1,196 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,197 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,199 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,199 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,202 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,203 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,203 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,205 days Are NFTs About To Take Over Gaming?
Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

  1. Home
  2. Markets
  3. Other

February 26 Could Be a Wild Day in Markets!

Not only does February 26 have a slew of economic reports, but it also has some interesting cycle, e-wave, and astro-signatures. Earlier this week, my thinking was we were going to see a 'b' wave pull back in the stock market followed by higher prices. Then the irregular top came in Monday and I was beginning to believe that we just completed a bear flag. Well, the first scenario is proving to be the correct one and that is we are in a "b" wave pull back. The chart below explains everything.

SPY Daily Chart
Larger Image

GDX and Gold also look like they may drop on Friday as well as we enter the 8 TD low for each. Gold could fall $40-$50 and GDX all the way down to 17.75.

 


Brad Gudgeon, editor and author of the BluStar Market Timer, is a market veteran of over 30 years. The subscription website is www.blustarmarkettimer.info
BluStar Market Timer offers auto-trading for those who don't have the time or inclination to trade their own accounts.

 

Back to homepage

Leave a comment

Leave a comment