PATHFINDER

📌 Pathfinder – Operational snapshot The chart above compares the public Pathfinder signals with the two main US equity benchmarks over 01/2023 – 12/2025. 📊 Pathfinder: +105% 📉 Nasdaq 100: +89% 🌍 S&P 500: +59% 🎯 The difference is not only what, but how. 📆 One operation per month 🔍 Statistical seasonal framework 🧠 No reaction to daily noise ⏸️ Inactivity accepted as part of the process 📈 Markets are not random 📉 But inefficiencies are not continuous ⚖️ Pathfinder operates where: probability converges asymmetry is measurable cycles historically repeat 🌍 Over this cycle, that discipline was sufficient to: ✔️ outperform the Nasdaq ✔️ largely outperform the S&P 500, the most important global equity benchmark ✔️ do so with a minimal decisional structure 🧭 Less action 🧭 Fewer decisions 🧭 More respect for cycles ℹ️ As always, this is not an advisory service, but a public, ongoing study on market behavior across time.

📌 Cyclic position based on C_Wave indicator on a weekly basis. Colors represent trend position (cyan = long, orange = short, white = neutral).

📌 Cyclic position based on C_Wave indicator on a weekly basis. Colors represent trend position (cyan = long, orange = short, white = neutral).

📌 Cyclic position based on C_Wave indicator on a weekly basis. Colors represent trend position (cyan = long, orange = short, white = neutral).

👁 PATHFINDER US selection for December: ▶️ Alphabet (GOOG) - confirmed ▶️ Broadcom (AVGO) - confirmed ▶️ Goldman Sachs (GS) - new ▶️ Johnson&Johnson (JNJ) - new ▶️ Micron Technologies (MU) - confirmed November: 4 over 5 positive, total performance well above benchmark.

📌 Cyclic position based on C_Wave indicator on a weekly basis. Colors represent trend position (cyan = long, orange = short, white = neutral).

📌 Cyclic position based on C_Wave indicator on a weekly basis. Colors represent trend position (cyan = long, orange = short, white = neutral).

📌 Cyclic position based on C_Wave indicator on a weekly basis. Colors represent trend position (cyan = long, orange = short, white = neutral).

👁 Numbers: PATHFINDER September gain: +9.53% PATHFINDER gain since 1/1/23: +98.05% S&P500 gain since 1/1/23: 59.40% 💡ALPHA: +38.65%, more than 12% p.a. 📈 November PATHFINDER selection: ▶️ ALPHABET ▶️ BROADCOM ▶️ MICRON ▶️ SHOPIFY ▶️ STREET TRACKS GOLD

📌 Cyclic position based on C_Wave indicator on a weekly basis. Colors represent trend position (cyan = long, orange = short, white = neutral).

📌 Cyclic position based on C_Wave indicator on a weekly basis. Colors represent trend position (cyan = long, orange = short, white = neutral).

📌 Cyclic position based on C_Wave indicator on a weekly basis. Colors represent trend position (cyan = long, orange = short, white = neutral).