December 24, 2023

Eye of the Storm Podcast – Big Picture Technical Picture – S&P 500 12/23/2023 by Michael Filighera

This is a longer Podcast dealing with the technical and fundamental picture for the S&P 500. I discuss in detail the degree changes I’ve made recently – the reasons for the changes and the (now) differences in the EW count between the cash and futures markets — I discuss the fundamental picture and what could create a Primary C wave decline – and how that could be the “surprise” problem hiding in plain sight. I present my outlook for the balance of 2023 and into 2024 – I add Fibonacci levels to the big picture down to the hourly chart.