SMC Update 09-16-26

Wed, 09/16/2026 Wednesday, 09/16/2026 11:57 PM PDT


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kleeper5641
kleeper5641

I was interested to see your post-Fed S&P500 analysis. So many fundamental factors right now with oil, rates, wars, AI "apocalypse". So you are calling for a short term trough, and the Saudi oil pipeline re-opening just helped that case fundamentally. The next few days will be interesting.

bobby4649
bobby4649

kleeper5641 said:

I was interested to see your post-Fed S&P500 analysis. So many fundamental factors right now with oil, rates, wars, AI "apocalypse". So you are calling for a short term trough, and the Saudi oil pipeline re-opening just helped that case fundamentally. The next few days will be interesting.

Hi yes a short term trough based on the 10 week target being hit on the downside but the bigger picture cycle analysis is bearish for the DJI. In my experience the news will exacerbate or illuminate what the cycles anticipated would happen already. Bobby

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