MacroPass™: Michael Oliver On The Weakening Stock Market
Key momentum trends are breaking down
This installment of our popular MacroPass™ service for premium members of this Substack comes from technical analyst, Michael Oliver.
I just interviewed Michael a few hours ago, and that discussion will launch in the morning. In it, he forecasted that the markets will peak out soon — likely in Q1 — and then start falling as the US (and much of the rest of the world) fall into the “worst bear market” of our lifetime (!).
Michael’s latest report details the most important market indicators (momentum and otherwise) that he tracks, and what they are telling him now.
The full write up is below.
To-date that list of contributors includes experts like Lacy Hunt (Hoisington), Stephanie Pomboy (Macro Mavens), Danielle DiMartino Booth (QI Research), Tom McClellan, Michael Howell (Capital Wars), Darius Dale (42 Macro), Doomberg, Ted Oakley (Oxbow Advisors), Kevin Muir (The Macro Tourist), Alf Peccatiello (The Macro Compass), Lance Lambert (ResiClub), Ed Yardini (Yardini Research), David Hay (Haymaker), Melody Wright (M3_Melody), David Stockman (Contra Corner), David Brady (FIPEST Report), John Rubino, Adam Kobeissi (The Kobeissi Letter), Sven Henrich (Northman Trader), Jeff Clark (The Gold Advisor), Charles Hugh Smith, Steven Bavaria (Inside the Income Factory®), Chris Whalen (The Institutional Risk Analyst), Felix Zulauf, Jesse Felder (The Felder Report), Brent Johnson (Macro Alchemist), Pieter Slegers, (Compounding Quality), Michael Oliver (Momentum Structural Analysis) and Anna Wong (Bloomberg Economics).
Recent MacroPass™ reports in this series include:
If you’re already a premium subscriber to this Substack, just continue below to access Michael’s full report.
But if you’re not (yet), read the start of it below and consider upgrading to premium and access the full version, as well as all past and future MacroPass™ content.



