Is Stock Market is Topping?

Stock Market is Getting Ready for a Multi-Week Rest.

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Today we will be covering...

  • Today, we will examine platinum.

  • Despite a shift of the tariff deadline for 1 August, it seems that the US government declared tariffs for a couple of dozen countries.

Platinum – Daily Chart Cycles

  • Platinum (PL) had an amazing 50% run in 3 months, after years of sideways-to-down price action.

  • What is behind this move? 

  • I do not know, but I will look at targets and long-term cycles in the Pro section.

Sentiment & Technical Analysis

  • The CNN’s Fear & Greed Index is still in Extreme Greed, just barely.

  • Although we may still see higher highs later this year, the percentages of S&P 500 stocks above 50D (top) and 200D (bottom) MAs are forming negative divergences relative to the price.

BraVoCycles on X

  • Consider following me on X (former Twitter) in addition to the newsletter, as I often post valuable information there in real time between the newsletters.

    • More details regarding the post below are in Tuesday’s Pro newsletter.

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