SPX: NR7 Inside Day | Bull Pennant Flag | Put / Call Ratio | VIX

June 21 (Tue) formed a narrow range inside bar - usually a trend continuation pattern (HERE).
Oscar Carboni sees a Bull Pennant Flag on the daily ES (HERE).

The daily range was the narrowest of the last 8 trading days (HERE), and volume contracted.
Today a breakout of yesterday's range is  likely.
However, Brexit-Thursday (Jun 23) is the next solunar turn-day, and the market may just wait for that.

Room to the top.
Source: CNN Fear & Greed Index

NDX - Repetitive Patterns

Oscar Carboni HERE

The Chart Whisperer Exlaining the Nature of this Crash

HERE

HERE

HERE

HERE

Crude Oil's 10-Year Leading Indication for DJIA | Tom McClellan

Tom McClellan - Chart In Focus (December 11, 2014)

Tom McClellan recently presented a 10-year leading indication relationship between oil prices and the stock market, as shown in the above chart. The current oil price slide says that sometime around 2024 some type of “echo” in stock prices from this year’s oil price drop can be expected. 

Stock prices echoing oil price movements with a 10-year lag has “worked” for over 100 years and there is enough evidence to accept it, even if we cannot explain it. For now, the message of this leading indication is that the oil price rally from 1998 to 2008 has yet to see the full extent of its echo during the 2009-2018 period. While the current dip in oil prices is going to be bad for stock prices about 10 years from now, it is not really a problem for stock prices in real time. 

The following chart zooms into this correlation between the S&P500 and the Crude Oil Price shifted 10 years into the future and suggests the S&P500 would continue moving down next week, then up into end of December before forming a major low around January 6. Another rally into early July - with a correction from around March 20 to April 24 - should follow.

Nasdaq - Outside Reversal Day

Oscar Carboni - Nasdaq (Jan 14)

January 11 Major High-Target & 118 CD Cycle Projection for SPX - VAY - VLIC

S&P500

Value Line Arithmetic Index

Value Line Geometric Index

Oscar Carboni - ESH13

Oscar Carboni - DJIY - Bull Flag - No Gap

John Hampson - Lunar Geomagnetic Model for Stock Market 2013

ES Daily Bar - Reversal Formation?

Credit: Oscar Carboni @ 6:41