Same Old Same Old

Having repeated essentially the same analysis and forecast for seemingly the past 10 days, I won’t bore subscribers with more of the same tonight, especially since it’s late and you have enough to digest with the housing report and the free reports on unemployment claims and retail sales.

Cycle projections were down slightly in the 6-7 week and 13 week cycles. The changes were not material. The outlook is unchanged from Wednesday’s report. 

Stock screening data had a small uptick again. 6 month cycle status continued to gain and is now solidly in bullish territory. 13 week cycle status had a non material decline and remains solidly bullish as does 6-7 week cycle status, which rebounded from a decline on Wednesday.

On the cycle screen aggregate net differential chart, the net differential line had another small uptick, and the cumulative line edged to a new high, but remains in the same channel.

See this chart and more proprietary charts in the Professional Edition
Click to enlarge

I will post the complete market update this weekend as usual.

Get daily updates on the 4 week, 6-7 week, 13 week, 6 month and 10-12 month cycle projections and multiple time frame cyclical, regression channel, and equal width channel support and resistance chart updates daily in the Wall Street Examiner Professional Edition Daily Market Update. Try the Professional Edition risk free for thirty days. If, within that time, you don’t find the information useful, I will give you a full refund. It’s that simple. Click here to become a member and get instant access to the current report and all past reports.

Try Lee Adler's Technical Trader risk free for 90 days! Follow the money. Find the profits!

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Don't want to subscribe? Support the Wall Street Examiner and get 1 or more Lee Adler's Liquidity Trader reports each month. Click the button below to see your options.

Become a Patron!