A Critical Point for Crude Oil?

Rolled to Dec. Intraday and intraweek update of SP500 stock index swings.

The market triggered a type of critical point this morning.

Trade eyes Fed result later today.

The Softs as of Sep 16. A weekly update of sugar, cocoa, coffee, cotton.

Coffee broke an uptrend on rains in Brazil and technical factors.

Upside objectives have been lowered for some markets.

A critical point in sugar this week?

US Stock Market-

Fed meet. End of week options expiration.

L4/L3/L2/L1 trends are up.

Most foreign stock markets are firm to strong and in line with the US forecast.

Staying with a bullish gold forecast. Calling the first opportunity for an intermediate intra-year trend low in crude oil. Bonds rest. Traders wrestle with chance for near-term lingering negative economic factors versus a positive long-term outlook -US recovery.

The VIX is showing evidence the model forecast is correct for a trend lower. Supports model outlook for the US stock market.

Remake to include audio.

Special Report-

If >0.48 for the ratio of the Russell 2000/SP500 indexes would signal investors see broader US economic development. Improving business conditions. Higher related stock values.

The Russell 2000 peaked the earliest within the range of 2018-20 a period when peak economy and the stock market were to occur.

The Russell 2000 has underperformed since 2014? Recovery this decade?

Fast-paced drop in the major stock indices.

L2 and L3 tops. Correct call made this morning for L3.

Investors stampede to take money off the table ahead of a holiday.