S&P 500 Sell-off Likely

We have published a series of articles outlining our expectations for the US equity market over the past year. Our systematic approach led to a precise forecast of a cyclical correction, which started to unfold in Q4 2018. Subsequently, equities embarked upon a remarkable rally during 2019. Therefore, it is reasonable to ask at this …

Gold Remains Range Bound

Our neutral stance on gold proved correct so far. We’ve forecasted a correction in the neighborhood of 5%-7% from the swing high, which ended in February 2018. Price action took us right into that area already. The overall result is that gold has not made any progress since Christmas 2018. We remain with our forecast …

Crude Ready For Reversal

Crude rallied again into an interesting junction. The nearest WTI contract is probably close to an intermediate degree trend reversal. The technical, as well as behavioral evidence, hints to a nearby fade. Speculators’ sentiment rebounded and the oil industry shows elevated bullishness. There are striking similarities between the sentiment picture in early Summer 2015 and …