Market Pulse: On Time?
Last Weeks Cycles And Reads
A quick follow up on the cycles and reactions from the first 2 weeks of March 2025.
From the start of the month there were 2 to 3 points of key interest for me, right out of the gate with March 3rd and the March 12th into 14th period. I knew that these points in time would and are have affects on the market place (not just the indexes but all markets) and so far what I thought has been mixed!
My ability to decipher the March 3rd one was a complete fail but from the cycle off the 7th and now this march 12th to 14th period I seem to be somewhat on track. So this puts into question what are the next remaining cycles going to do!
Dial back using ES, NQ and UB 60 min charts to put things into some sort of perspective.
NOTE: ALL Equity Index contracts are now JUNE 2025
ES 60 min - I thought off the March 3rd cycle would mark a LOW (That Call looked good going into Feb month end with Pinks and the pop but that quickly proved to be very false) and trade into a high on March 7th high 2 way trade cycle (NOTE PART 2 - there are 2 of those March 7th cycles in April 2025 they tend to bring in great ranges or large 2 way trade). I was wrong off that March 3rd cycle and horribly wrong. Breaking below those Pinks at the end of Feb 2025 just accelerated it to a set of new lows and Pinks. Now this is where it gets somewhat confusing because off that March 3rd cycle into the 4th it did try to make a low off the indicator (Pinks) so this is where the confusion (for me) entered and ultimately I failed to read it in a profitable manor. Add in after the the cycle off the March 7th turn it set up some Yellows that set up for that week and set up for the incoming March 12 into 14th period.
And here we are. My view of this 12 into 14th period was and is that the markets (indexes in particular) would and are looking for a low.