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Mike Paulenoff

Markets React To Tariff News

Mon Jan 6th 2025
Good Monday Morning, MPTraders!  December 6, 2025-- Pre-Market Update:  At 6 AM ET, The Washington Post uploaded a story entitled, "Trump Aids Ready "Universal" Tarif Plans-- With One Key Change... President-elect's aides look at universal duties, but only on certain sectors, among the first big moves of his presidency."Immediately after the story was posted (https://www.washingtonpost.com/business/2025/01/06/trump-tariff-economy-trade/) the Dollar Index nosedived 0.8%, and the stock index futures (ES) spiked higher by 0.7%. My attached Big Picture Daily Chart of DXY shows the downside reversal is occurring right in my optimal technical target zone from 108.30 to 109.

MM Weekly Outlook: Upheaval

Fri Jan 3rd 2025
After many weeks of ambiguous sentiment, the coming week to ten days' pattern has a clear story to tell.  As shown in the social mood spaghetti chart below, the overall feeling reflects one of risk aversion and a need to hunker down.  There is sense of crisis, disaster or things falling apart.  There is a known event of presidential change upcoming, and there may possibly be some apprehension to the unknown regardless of who one voted for or economic potential seen in the change of administrations.MMI vs.

Are We In A Triangle?

Tue Jan 7th 2025
One of the hallmarks of a triangle is the constant whipsaw we see as the market moves in a-b-c fashion through 5 various segments of the triangle labeled [a][b][c][d][e].  One of the other hallmarks of a triangle is that at least one of the 5 segments takes shape as a complex structure, and often we see two of those complex segments.   Furthermore, the [d] wave is often a complex structure.If we are indeed in a triangle, this is a b-wave triangle, and I have used the white lettering to label the various segments of this triangle.

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