$AAPL
Price is sitting right in the decision zone between expansion and continuation of the triangulation.
If this is real strength, we should see a push through 280–288 and start building momentum toward the upper range.
If it stalls here, then this likely completes a complex WXY and we stay in chop before the next move.
Key level to hold is 250–260. Invalidation 245.51.
Above → expansion
Fail → back into range.
$SPX $SPY $QQQ
Powell / Fed's Emergency Rate Cut on 03/03/26 Full Moon / Eclipse Tuesday? ⚠️⚠️⚠️
This is reminiscent of Powell's Emergency Cut on 03/03/2000.
Why Am I Forecasting This?
1. Credit swaps are indicating deteriorating financial conditions in private credit. $SRLN ETF heading to levels last seen during the pre-Liberation-Day crash March 2025. See picture.
2. Credit Fraction of GDP % approaching levels last seen just before the 2008 GFC. See picture.
3. Bearish Sentiment and Armageddon level puts are already loaded, and Powell can give the Wall Street Casino an opportunity to squeeze hundreds of billions out of them with one short press release cutting the rate. He can even do it today to avoid the symmetry of the 3/3 anniversary, and trap them all.
4. Iran War + Private Credit Risk = Plunge Protection Team PPT must come back. If they come back you will see first hand what "Blow-off Top Engineering" will mean: $720 $SPY
>>> If the Feds do not inject liquidity into the market from early this week, then the risk of a credit event is extremely high. I will then submit to the bears forecast and say it was all by design, but I am skeptical.
Looking at the $SPY $SVIX charts, the market has not put the 2nd shoulder (top) yet, making the Wave5 top from January the first top only. An ABC for a 2nd top is a must. Liquidity must improve, and $BTC is nodding as it also gets its Buy9 heading into March 19th.
How to prepare for this? At what $SPY level the cut may happen based on geometry? All of this, Iran discussion, and more was shared with paid members here:
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