My S&P500 Weekly Trend Forecast NL – 01/30/202

Check out my weekly forecast of the S&P500 Index & ALSO: my monthly forecast for the FOREX EUR-USD – at the end of this NL

Author

Patrick Oconnell
January 31, 2026

NOT Investment Advice:

My proprietary market algo forecasts the following trends:

Risk on, or Risk off, for the upcoming trading week ending on 02/06/2026:

For the trading week -as of the market close on Friday, 01/30/2026 - The  SPY(SPDR - S&P500 ETF),  increased by 2.74 - compared to the market close on 01/23/2026.   What do YOU think? Will the Fed CONTINUE TO PUMP money into the equity markets next week?  Duh!

 

//////////////////////////////////////

Be Aware – Be Awesome!

That being said - you MUST be aware and- as the saying goes “Be as wise as a Serpent”

///////////////////////////-----------------------------///////////////////

 

FULL DISCLOSURE:

 

My “SPY-VIX Correlation Variance Metric”  algo (described below)

 from a “technical analysis perspective”  attempts to forecast the upcoming trading week’s “trend.”

Sometimes the weekly trend of the S&P500 does not agree.

Sometimes it does agree with my SPY -VIX Correlation Metric algo!

 

·  For the trading week ahead,   my VIX-SPY Correlation Variance metric forecasts a Bearish week ahead, whereas the “trend” of the S&P 500 indicates a Bullish week ahead! 

·  Just an FYI to everyone – Patrick Oconnell – editor

///---------------------///---------------------///

ALSO – FYI - To not miss out on the rapid changes in world geopolitical and in market trends – subscribe today – it's free – to my weekly MAG  (Market Analysis and Geopolitical)   Commentary  Newsletter!

 

Subscribe today – here:

https://tinyurl.com/GenocideNo

Or here:

///////////////////////////////////////

For the upcoming trading week, ending on 02/06/2026, my proprietary algo forecasts the following potential trend for each of the following metrics – either Bullish or Bearish:

 

VIX index: This index remains Bearish for next week!

 

FYI -    A VIX  and/or a VVIX that increases, signals a potential Bearish trend. 

A VIX and/or a VVIX  that decreases,  signals a potential  Bullish trend.

 

VVIX index – The VVIX trend remains Bearish for next week!  

Next week – as always -  will be interesting, indeed!

Remember this - IMHO the markets ARE being manipulated - as in “rigged” –

·  You DID know that, of course!

· What can possibly go wrong?

·  Full Disclosure- NOT Investment Advice!

·  Note:  I STILL remain Bullish in the market - for the VERY LONG TERM!!!

·  Swing traders and day traders – Take Note of This!

 

West Texas Intermediate – Crude Oil: This one remains Bullish for next week!

 

QQQ: This one has turned very slightly Bearish for the upcoming trading week!

 

Copper:  This one remains  Bullish  for next week !

 

Stay tuned to see how the next trading week plays out!

My comments and analyses of these indices are NEVER to be considered investment advice!!!

·  A reminder – None of this is investment advice – as I am not an investment advisor!  Consider it “entertainment!”

 

Trade at your own risk. 

Do your own due diligence!

 ***  ---***  ***  ---  ***

 

The Fed’s Plunge Protection Team, according to Greg Mannarino, will do anything to hype-pump the markets and ensure that, in the longer term, the Bulls remain in control—no matter the cost—no matter what it takes.

Always remember - 

·  IMHO - the Debt Market will primarily be the canary in the coal mine, so to speak, as regards the direction of the equity markets—IMHO, of course—NOT investment advice!

The Takeaway  -   NOT investment advice!!!

·   Full Disclosure:   My “SPY-VIX Correlation Variance Metric”  algo  may or may not agree with the weekly “trend” of the S&P 500” –

·  Sometimes the S&P 500 week-over-week trend does agree and sometimes it does not agree with my algo.  

·  So, for the trading week ahead, my SPY-VIX Correlation Variance metric forecasts a slightly Bearish trading week ahead, from a purely technical point of view!

· Moreover,  for the upcoming trading week -  Although the week-over-week trend of the S&P 500 has now  turned Bearish for next week!   

· IMHO – such things can be deceiving, but “as they say” – the jury is still out on this forecast!

·  

////////////////////////

As always - keep in mind -  Volatility is still very much with us!

///////////////////////////////////////////////

Please note:

·  Concerning my  “VIX -  SPY correlation-variance ” metric: 

IF the VIX is trending DOWN. And the SPY is trending UP,  for the most recent week of trading…then and only then will my VSPY-VIX Correlation-Variance algo indicate a potential Risk-on, (Bullish) trend, for the upcoming trading week!

·  However, please note - This indication of a potential Bullish trend, however, typically happens when the Fed is inclined to support the market.

 

·  Be VERY aware  - of course - at all times -  concerning WHEN  the rug pull comes! 

 

·  As always - IMHO - Central Bankers rule the planet! NOT the political leadership of the various so-called nation-states of Earth! –

·  

· Just my opinion- of course! - Patrick

//-//-//-//-//-//-//-//-//-//-//-//-//-//

NOT investment advice, of course!

I am not an investment advisor!

·  The Takeaway - AS the US economy (Main Street) remains in turmoil - the US stock markets will continue to rise (and also decline – from time to time -  of course) –

·  IMHO - food, energy, and commodity prices will potentially HYPERINFLATE!

Just my opinion, of course!

Duh! ------------------///////////

 

Below - I shall share my favorite six High Yield ETF’s that I am buying- for now.

·  -Each of them yields between approximately 70%- and MORE - per annum-

·  NOT investment advice –

·  Do your own Due Diligence!

//////////--------////////

Tell your friends to subscribe now- to see what ETF’s are my favorites!

 I prefer to invest in these things, in lieu of doing day or swing trades. Typically, I prefer a buy-and-hold strategy. Sometimes I sell them when they fail to “deliver” or do a reverse split, from which they struggle to recover! You may want to check out this JOMO (Joy of Missing Out) strategy - or not- It’s your call!

////////--------////////

NOTE:

All of my Fidelity retirement brokerage account data is current as of the date shown below, in the section entitled “The Portfolio” - –

 

I am sharing with you – my current Joy of Missing Out (JOMO) favorite High Yield ETFs ( and VERY HIGH RISK) - that I am regularly investing in – NOT investment advice –

I am NOT an investment advisor –

These are simply my six favorite ETFs that feature (variable- as in they go up and DOWN!) high yields.

 With a high ROI- a high risk of loss is “what you get’!

You can do your own Due Diligence at these websites:

 

FULL DISCLOSURE -

I share information concerning the annual dividend returns on six  ETFs that pay on a monthly basis.

My six favorites- which I disclose in detail - currently yield between 50% - 100% - and more on an annual ROI basis!

·  High Risk - High Returns! –

·  NOT Investment Advice! -

I am NOT an investment advisor!!! - Patrick OConnell

Don’t miss a single issue of the Newsletter!

Subscribe and ALWAYS get my complete newsletter- every week!

 NOT INVESTMENT ADVICE - I am NOT an investment advisor.

///////////////---///////////////////////////////

Here is the data that I extracted from my Fidelity retirement brokerage account:

For paid subscribers to my Substack NL – “The Market Algo NL” -

The following information, which I call “The Portfolio” - is “typically - IN FULL - displayed” - in each Substack NL and in my Beehiiv NL, “My S&P500 Weekly Trend Forecast Newsletter” as well!

Please be sure – to read the FULL DISCLOSURE notice at the very top of every issue of The Market Algo Newsletter (NL)!

////////---/////------/////---///////---////

IMPORTANT FOR YOU TO NOTE –

Here is the data for my six  CURRENT / FAVORITE HOLDINGS (all pay dividends weekly) -  

- that I extracted from my:  

Fidelity IRA – Roth retirement brokerage account:

 

Be a paid Substack subscriber and view my entire NL, to include my forecast for the next trading month’s FOREX – EUR/USD paid – Bullish, Bearish Trend – OR Trend “Unclear”!

/////-----/////-----/////-----/////-----/////-----/////

“The Portfolio” - 

All the following data  - as displayed in my Fidelity ROTH-IRA Acct – is current as of  01.23.2026 –

 

Symbol…………………….ROI%.................Est Ann Income   

CONY……………………….208%........................... $14228 

MSTY………….….………….297……………..……..…....…2700 

NVDY………………….…..….75………………………….…..3203 

TSLY………………….…..……94…………………….………..7079 

ULTY…………….…..……….136…………….……..………19746

WNTR………………………….70……………………………..6434

 

Breaking –

· For the trading week ending 12/19/2025 – I sold some shares of MSTY, UTLY, and TSLY. I then purchased shares of WNTR – the inverse ETF for MSTY.  I believe that when MSTY goes up- although WNTR may go down- I will be able to hedge myself – considering he the volatility of both of these ETF’s. The typical behavior of these things is that- if MSTY goes down, WNTR typically will move in the opposite direction (i.e., “up”). Just sharing what I am doing myself!

· NOT investment advice for anyone!

· VERY IMPORTANT – FYI: Between 12/01/2025 and 12/08/2025 – the following 4 ETFs underwent REVERSE-SPLITS (NOT a surprise- they periodically DO THIS SORT OF THING!!!):

· MSTY –………….. 1:5 …………………..R/S

· CONY - …………..1:10 ………….…….R/S

· TSLY - ……………. 1:5 ……………….. R/S

· ULTY -………….. . 1:10………………… R/S

· For the trading week ending 12/26/2025- I shall do some additional rebalancing- and sell some additional shares of these ETF’s I have monitoring- and add WNTR as one the six ETF’s I shall continue to monitor.

· As of 11/13/2025- I am automatically reinvesting the qwkly dividends into each ETF. ALL of these ETFs now pay WEEKLY!. I am providing this info for FULL DISCLUSURE / Transparency!

Just an FYI for everyone - Patrick Oconnell – publisher/ editor of the Market Algo NL and “My S&P 500 NL“  (published on BeeHiiv).

///---------------///

My Due Diligence (DD) resource URL links - FYI:

 

//////////////--------//////////////

Subscribe to my free weekly MAG Commentary on LinkedIn

(Market Forecasts & Geopolitical Commentaries) to stay current on global geopolitics – subscribe for free here: –

https://tinyurl.com/GenocideNo

Or here:

 

/////-----/////-----/////

A Bonus for You –

·  PLUS- A bonus for you – I use a proprietary algo that (attempts) to forecast the upcoming trading month trend of the FOREX EUR-USD pair (Bullish-Bearish or Trend Uncertain). 

·  I use the VIX index (the "fear index," as I call it) to do this, by comparing the last month’s closing price on the last day of trading of both the VIX and the EUR-USD, to the PRIOR month’s closing price on the last day of trading of the VIX and the EUR-USD. It's a fairly basic trend forecasting algorithm, in my opinion.

·  However, remember that this is not investment advice - it is for entertainment only!

For the month of February 2026 , my proprietary algo forecasts the FOREX EUR-USD pair to undergo a Bearish  trend.

From February 2025 through the end of January 2026, I have recorded 4 Hits, 6 Misses, and 2  “Trend Unclear” forecasts.

//-//-//

A final Bonus for YOU:

 

🚀 Debut Novel Announcement: The Final Pillar of Fear is Revealed -

 

Click on the URL below – to watch the  video trailer - that I uploaded on my YouTube channel @FunFactoids4U - for your enjoyment and for you to resonate with the message I share with you in this “must-read” novel: The 8th Tower of Satan – The Existential Threat to Humanity :

 

FYI – Background information to help you comprehend why I wrote this speculative sci-fi fantasy novel:

 

 I have chosen to set a mythologically inspired context at the very beginning of my novel. I believe that the speculative depth of all three of the parts of the trilogy comprising this novel ( The Black Cube – The 8th Tower – and The Harbinger Protocol) thus compellingly help to ground the novel in a seamless – integrated manner. 

I researched the meme, “The Seven Towers of Satan” to find the necessary inspiration to write The 8 Towers of Satan and was rewarded many times over!

The Mythology Shatters

For millennia, Middle Eastern lore has whispered of "The Seven Towers of Satan"—seven mythological pillars of corruption and dominion that hold sway over the mortal world. But what if that established cosmic order is about to shatter?

Introducing The 8th Tower of Satan: The Existential Threat to Humanity

 

Prepare for a universe-altering debut in speculative science fiction that posits a new, terrifying reality. Author [Your Name Here] unveils an unprecedented threat where the Adversary has found an eighth, ultimate means of destroying mankind.

 

  • Genre: Speculative Fantasy / Science Fiction

  • Theme: What happens when the oldest evil discovers a new dimension of power?

·  The Plot: A clandestine operations agent with remote-viewing powers locates the headquarters of an interdimensional entity that plans to invoke otherworldly forces to end humanity.

 

🎬 First Look: Watch the Official Video Trailer Now!

 

Get a taste of the epic scope and existential terror that awaits. Don't just read about the new threat—see it.

Click the link below to view the official video trailer for The 8th Tower of Satan:

 

 

Witness the future of fear!

///////////////////////////////////////////////////

Check out the current and past issues of my “AI and Hypersonic Missile Research and Development Newsletter” below –

· 
 * The  12/15/2025 issue discusses Castelion’s large manufacturing facility for supersonic missiles called Project Ranger in Rio Rancho, NM that should be in full production in 2026. It will be huge – a 1000 acre facility!

· The 12/22/2025 issue of my “AI and Hypersonic Missile R&D Newsletter” discusses why the Navy's Hypersonic Blackbeard Missile Can't Launch from Ships (Yet) & More!