Gold triggered another sell/short Alert today. Otherwise, all indexes we cover are on long/buy Alphahorn Swing Signals.

Both the ultra-bullish wave count shown up top and the more mature count below it call for a good deal of upside before a BTC cycle top. The ultra bullish count suggest this bull cycle continues into 2026 as it is only halfway through its wave count. The current wave, minor wave 3 of intermediate wave (3) should propel BTC to significantly higher highs exceeding $150k if this count proves correct. This wave count would lead to a top for BTC over 200k and probably well over it. The more mature count is that BTC is in its final intermediate wave, intermediate wave (5). This correlates to a fall top for BTC. Yet, my target range for this conservative count remains 192k-203k.

The SPX, like BTC has both an ultra-bullish and a more mature possibility. It also might have a couple of immediate terms scenarios. The top chart is the ultra bullish count. It also displays an expanding ending diagonal that is completing minor wave 1 of (3) of [3]. The lower chart is the more mature count. (Note: I also have a count that minor waves 1 and 2 are in place and minor wave 3 is now subdividing. Should we see a continued impulsive move over the coming weeks, then this will be the count I present for both wave count scenarios).