Market Update

Bulls Coming To Thanksgiving Dinner

The market got ready for the holiday with a minor consolidation as it pushed against resistance around 2075. If it clears that, it’s poised to be off to the races again. This report covers the likely targets, and key benchmarks that could signal a change.

Is The Day of Reckoning At Hand?

Cycle screening measures were slightly stronger on Friday, keeping the aggregate measures in strongly positive territory while remaining in a negative divergences. The individual measures remained mostly bullish, with only new 13 week cycle signals raising a preliminary caution flag that the rally could be near an end. This report suggests what to look for…