🔮 My custom indicators see a higher chance that the S&P 500 and Nasdaq drop most likely tomorrow (or less likely starting the day after). At least 1 out of 4 indicator readings (see screenshot number four) gave a pre-warning yesterday (Jan. 5) and with today’s most likely bullish close I expect all 4 indicator readings to flip to a warning signal after the session closed.

The fifth screenshot shows that the last time I saw such a warning (a similar high indicator reading) was in early September, before the market then dipped lower. Let’s see how this one will play out (the indicator was more reliable in the past before the Mag7 became so dominant in moving the market). All screenshots show data from January 5 EOD.

Quick summary: Just check out the last (and also larger) screenshot number five with the area highlighted with a red circle.