Author: admin

LAST STOCK MARKET LIFT-OFF

(3/20)   The FOMC did not raise rates and the majority of FOMC members are looking for 3 rate cuts by Dec. although they dialed back 2025 and 2026 rate cuts.  The S & P cash has made a new high on the move and cycle highs dominate into the first week of April.  From Elliott wave patterns, if S & P cash 5350 came in, it would complete patterns from the 1932 low, the 2009 low and the 2020 low and that would mean a multiple year top.  Cycle lows dominate into at least August and patterns on the S & P suggest that the first place the market will fall will be to 3800.  For now there is still a little money to make on the upside if you pick stuff carefully but we are getting to the end of the game of Musical Chairs and a Black Swan event in April could unsettle the market.  Will it be France’s call to send in soldiers to Ukraine and pulling Europe in?  Will it be more bank failures?  Will it be some geocosmic event?  The sixty year cycle is hitting here for 2024-25 and it tends to bring more violence and earthquakes and other messes. In 1964, the false flag Gulf of Tonkin event initiated the Viet Nam war.  The messes in Haiti and the migrant crisis are enough to cause restless nights.  Stay on top of our daily updates with the Fortucast ETF or Financial Timers.  We are offering old clients a special 2 week look for 29.95.   We had correctly predicted a positive reaction for stocks today for the FOMC and we continue to look for higher gold and oil prices into the summer.

Stay on top of gold and silver and all the financials markets.
Subscribe to our financial market reports today  for a special 2 week trail for 29.95 at:
https://commoditytimers.com/2-week-trial-offer/

For short-term traders and moderately active swing futures traders. Markets covered: S&P 500 T-notes Dollar Euro Gold Silver Crude Oil Bitcoin Futures.

CLICK HERE TO SEE ALL OUR BLOGS AND SCROLL TO THE BOTTOM OF THE BLOG PAGE TO SUBSCRIBE TO https://commoditytimers.com/blog/

OUR FREE BLOGS:
https://commoditytimers.com/blog/

Or :
Try our newsletter  for one month for 97.00

Gold Still Looks Good

(3/18)   We tend to get so micro-orientated but the big picture is much higher gold over the next few years as the reality of the world banking and debt crises manifests in a bigger way.  Long-term investors can at least focus on the July high short-term this year.  All the gold contracts that we follow would look better a little lower. Gold looks higher at least over the next few weeks into March 29^th and chances are we have to scoop dips before FOMC on Wednesday.  We are closer to minimum support at 2146 and lower support is at 2128 and continues to accumulate on dips

Still, next week, It would not be shocking to see gold shoot up to 2222 either with silver strong.  One cannot be short gold and the question is do we keep buying the dips or be patient?

Gold does look higher from the  29^th.   From max. 2122-30 it would go to 2222 at least.   Watch GLD which should hold 199.10-198.20-197.40. 
 
Later in the month: new highs of 2269 would complete this pattern and then 2300.  This could take until the middle of April when cycles higher are due.   If the market extends to 2269 or 2300  then a pullback from there would go to 2172 into the late April low

ENERGY ISSUES A BREAKOUT SIGNAL

(3/14) The market took out the key 8030 region and we will see 8220 before a setback.  The market has to take out 7880 to issue a minor sell signal for 7600 and that is in doubt

Above 8000, we are favoring a move to 8400 next and pullbacks holding 7850 and eventually finishing in late March toward 8562.   It’s very real.

We ran cycles through early April and the market looks higher into the 20^th with a pullback into the 22^nd and then higher the week of the 25^th -29^th.  The first week of April looks lower.  We will assume that the market has a better chance of breaking out vs. taking out 7500 and continuing to invest in dips in energy vehicles. Longer-term patterns into the spring point toward 9000 and 102.00 and seasonal gas and jet fuel usage goes up.

Cycles and patterns could easily get the market back up to 8562 this month.

For ETF traders like USO up to the 7870 region before we get a setback but XLE does not have much room above 92.50 before we get a setback to 8905 or more.  Sign up for a two week trial to keep up with exciting markets. For a limited time only 29.95 at

WHAT’ NEXT FOR BITCOIN?

(2/14) Bitcoin is the best game in town with a 17% advance last week.  Computer models give a 74% chance for 53967 and we will stay open.  NQ should recover for a few days. Daily charts are projecting 59024 so we are going to have to chase at some point but not clear where or when.  We have seen an early March high

Oscillators did give a buy signal negating the chance for a C wave lower to 37700.

EVENTUALLY:   Daily charts project 59024.   Weekly charts point to the third wave going to 69781.   Pullbacks on the weekly suggest 45000 may be the best entry but not sure when.

Fund managers are projecting 200,000k Bitcoin on the news into next year but we have seen these wild assertions before.  Still, our larger cycles are friendly into 2026.  We have to think long-term and it seems like 37000  will hold on dips in the worst-case scenario and with SEC people cooperating a bit, maybe our worries about government regulation are too unfounded.

WEEKLY CHART: Some patterns suggest an upward explosion to 92200 could happen later in the year.  Larger cycles into 2026 support that.

GBTC –The ETF
GBTC:  (2/14)  Fifth wave target projects 5059 and then 54.72. If the market is very bullish, we may only get a pullback to 140 ticks from this upcoming high toward 46.00.
. …
Stay on top of the Bitcoin and other ETFs with our Financial Timer  with  daily analysis with the Fortucast Financial Timer or Fortucast ETF timer.  One-month trials start at 97.00. 

-Barry 
Subscribe to our financial market reports today at https://fortucast.com/market-reports/financial#plans 

For short-term traders and moderately active swing futures traders. Markets covered: S&P 500 T-notes Dollar Euro Gold Silver Crude Oil Bitcoin Futures.

CLICK HERE TO SEE ALL OUR BLOGS AND SCROLL TO THE BOTTOM OF THE BLOG PAGE TO SUBSCRIBE TO https://commoditytimers.com/blog/

OUR FREE BLOGS:
https://commoditytimers.com/blog/

Try our newsletter  for one month

3RD WAVE  COMPLETION IN STOCKS A BIT CLOSER
Third waves are exhausting because they keep extending and its so hard to chase so high. . Our time window for a 3rd wave high is due within a few days into Feb. 12-13th and then we should get a 200 point pullback on the S & P which could be complete by Feb. 23rd.  Third waves tend to extend and we are looking at 5034 and 5045 and max. 5057 on S & P cash and 18090 and 18129 on NQ 100 futures.   NQ 100 futures  needs to take out 17879 to issue the start of a correction.

Bears salivate at the shorts for their next picnic basket but we do not see much as 4805 on S & P cash is all that we will get and then we have a 5th wave into late April that is due toward a minimum of  5157 and S & P cash  but it could get to 5257 easily. NDX cash has been projecting 18800.   Even with vehicles like SDS for 2x S & P shorts you might at best get a move from 2712 to 3050. Not worth playing.  For now we will wait for the 4th wave pullback and can then get back into the leading sectors like XLK for technology or XLI for industrials or XLV for health care.

METALS NOTES:
We have a key low due by Monday but we only can count on a 2 week rally into Feb. 23rd. It may be worth doing in case we finally get a pop with a crisis but metals continue to disappoint although we do like them this year and lows early next week will be key.

… Stay on top of the metals  and stock market market and our ETF picks with  daily analysis with the Fortucast Financial Timer or Fortucast ETF timer.  One-month trials start at 97.00. 

-Barry 
Subscribe to our financial market reports today at https://fortucast.com/market-reports/financial#plans 

For short-term traders and moderately active swing futures traders. Markets covered: S&P 500 T-notes Dollar Euro Gold Silver Crude Oil Bitcoin Futures.

CLICK HERE TO SEE ALL OUR BLOGS AND SCROLL TO THE BOTTOM OF THE BLOG PAGE TO SUBSCRIBE TO https://commoditytimers.com/blog/OUR FREE BLOGS:
https://commoditytimers.com/blog/

Try our newsletter  for one month

KEY LOW FOR METALS SETTING UP
Gold hit 2004 overnight but is bouncing back with EU news and GDP.   It is going to have to take out 2047  to make a stronger statement and negate the project to 1985.  Still a divergent low to 2000 might be enough to attract buyers so we have to watch for an entry on Friday if the PCE index is neutral.  In any case, within a few days metals are due for a key 2nd wave pullback and will be followed by a 3rd wave advance into mid-Feb.

Silver could still still thrust down to 2165 or 2122 to complete a 2nd wave retracement into Friday/Sunday and then take off into the Feb. high.

What are the Feb. targets?  How high will metals run into the July high and into the year 2025?  With the US stock market putting in a major pattern completion off of the 1932 depression low something bigger is setting up.  Stay on top of this big move with Fortucast.

Stay in top of our reports with the Fortucast ETF Timer or Fortucast Financial Timer.  1 month trial is 97.00.

Sign up at : https://www.fortucast.com/#products

Email support@fortucast.com for one Free Financial sample timer.

For short-term traders and moderately active swing futures traders. Markets covered: S&P 500 T-notes Dollar Euro Gold Silver Crude Oil Bitcoin Futures.

Click here to view on our website

Click here to see our blog and other great products. 

Try it for one month

• Will the stock market make new highs this year and then what?   When does the multiple-year slide start?
• Will gold and silver continue to dominate the financial sectors?
• What about Bitcoin?  Will the pundits be correct in reaching 100,000?
• When does the current deflation cycle end for grains?  
• For ETF traders, what sectors will outperform in the remaining push higher and when do we get in?  We noted XAR for defense as an outperform and it has done well.
• Will the soft landing happen or will 34 trillion in debt come to bite us? 
• …

(10/23)  WHAT’S NEXT FOR GOLD?
We had alerted you about the bottom in metals and they have taken off.

The current pattern would look better with acceleration to 2033 and then a pullback to 1974-77.   This is what we are looking for earlier in the week.  The market would not be done until we saw the 2087 minimum or 2127 max.     If that big pullback does happen, it’s hard to tell exactly when, and cycles are complicated this week.

Originally we had felt good about cycle highs into Oct. 29^th  but we had found a new cycle high into Nov. 10^th that could be a secondary high based on patterns.   Where will the Nov/Dec. pullback go to and how much will gold explode to thereafter?

Stay on top of the stock market and our ETF picks with  daily analysis with the Fortucast Financial Timer or Fortucast ETF timer.  One-month trials start at 97.00. 

-Barry 
Subscribe to our financial market reports today at https://fortucast.com/market-reports/financial#plans