November 19, 2023

Eye of the Storm Podcast – Big Picture Technical Update – S&P 500 & NASDAQ 100 – 11/18/2023 by Michael Filighera

Tonight my focus remains on the Daily, 4 and 1 hour charts – I’m deciding if it might be prudent to keep the long term view in the background for right now — although I do discuss the Zweig Breadth Thrust indicator that has been triggered twice in 2023 – once in May and the other in November. This indicator has a 100% success rate of when triggered the equity markets will be 13 to 25% higher in 12 months. I discuss some of the possibilities of what could happen over the next couple of months — and what I have discussed previously with regard to the longer term counts. I review those again tonight —