Will the Bulls Hold the Hill at 4000?

Will the Bulls Hold the Hill at 4000?

S&P 500 Index Futures - Daily Chart - Can the Bulls Hold the Bottom of the Bull Channel at 4000? (Click to Enlarge).
S&P 500 Index Futures - Daily Chart - Can the Bulls Hold the Bottom of the Bull Channel at 4000? (Click to Enlarge).

Good Morning:

  • On the housekeeping front, we will have major announcements later tonight that will be effective tomorrow, March 1st. Included will be the announcement of our first trader Trader Intensive.
  • Suffice it to say that I have not had much of a life over the past few years as I dedicated my time to this endeavor. I had retired for many years before starting this company in late 2019.  
  • And there are complaints on the homefront too. I have been working 18-hour days on average. I have ignored my health and exercise. When I look down, my feet have disappeared! I spend too many hours in front of 10 computer screens.
  • While we are grateful for our reception in the investment world, I cannot keep up with the emails and inquiries. In the end, time is our most valuable commodity. Family is the most important part of our lives. We don’t get this time back.
  • So my partner Michael and I are taking the website private to dedicate our time to our premium subscribers.
  • You may have noticed the name change. We want the name to better reflect the math, physics, and astrometry (kinematics) behind our algorithms. 
  • As a private site, We can be more open in our discussions with Premium Subscribers and Founders Group members without the prying eyes of competitors. 
  • You will receive the details later tonight. Prices for premium subscribers will rise, but there will be more services, privileges, and discounts for training programs starting next week. There will be a 7-day Free Trial for those interested.
  • Existing Premium Subscribers will be permanently grandfathered as prices rise over time. Once you are in, you are in. You will never pay more.
  • We know what we have created works, leading to triple-digit returns over the past three years. But subscribers also have to be able to execute the strategies practically, and we are improving that process.
  • We look forward to the changes, and we hope you will too.
  • On the Global front,  Treasury Secretary Janet Yellen visited Ukraine yesterday. Add that to visits by Attorney General Merrick Garland and Teachers Union President Randi Weingarten.
  • These are just the non-defense officials we know about. Did this happen with the Iraq Wars? Of course not. How about Vietnam? No. I doubt it even happened in World War II.
  • I am suspicious that these highly unprecedented visits are about kissing Zelensky’s ring. Many believe (irrationally and without reading the biblical prophecies carefully) that Zelensky is the anti-Christ. I would identify the claim as incredible, except the unthinkable is always coming true lately.
  • More likely, these officials are flying over to pick up their bags of cash. Wires are traceable. This administration may be the most corrupt in American history.
  • Meanwhile, not much has changed on the market front. This week remains the Scheduled nominal 20-week Hurst Cycle trough turn window, and the Master Composite Cycle formally turns on March 3rd (Friday). 
  • 4000 is identified as the first pivot level – and continues to act as the fulcrum between bull and bear market behavior. I think we will take this level out later this year. 
  • But with rapidly rising short-term rates back on the table, we could see some short-term fireworks as the market puts in the pivot low. The turn window remains; the pivot level remains in flux.
  • Last Friday’s inflation surprise still changes over the market.
  • What the bulls have on their side is that in the waning stages of an inflation-induced collapse, investors buy stocks to hedge inflation. The 1920s is a good analog.

A.F. Thornton

AF Thornton

Website: https://tradingarchimedes.com

A.F. "Arthur" Thornton is an expert in logic, risk/reward quantification, market fractals, pattern recognition and asset class behavioral analysis with 34 years devoted to developing algorithmic and quantitative trading systems. In addition to trading his own capital, Mr. Thornton designs custom algorithmic and quantitative trading systems for a small and exclusive group of exceptionally qualified traders.


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