Market Update for 3/14/2022

The last Ultimate signal issued was Sell 1/5/2022 after market close. Since then, NDX is down -16.8% and the inverse ETF PSQ is up 17.8%.

Possible change is in the air. There are some strong timing signals March 16,17 which indicate a possible market reversal. There will be a Fed announcement 3/16 also. I am looking for a NDX target of 12,900 to 12,950 to the down side. If this plays out and there is a Buy signal, it may only be for a couple of weeks. This would be a counter trade in an otherwise bear market.

No signal change is issued yet, just a heads up.