The market appeared ready to fall apart early last week as it plunged through multiple trendlines in the lower half of the intermediate uptrend channel. Then it looked even worse when it broke through that channel early on Thursday. But the magic hand appeared on Fed Policy Resubstantiation Rally Day, and it was enough to…
The evidence suggests that the market made a short term cycle low today. The question is how far the bulls can run with that. This report covers likely targets and contingencies. Market Indicators Update
Short term cycles topped out as expected but it’s not clear how much damage remains to be done. Here’s what we do know about the key levels and trigger points to watch. Market Indicators Update
The question is whether the market can make it to the other side of the gorge. This report looks at the triggers that should tell us whether it will or not. Market Indicators Update
The market’s tiny loss today has some of the earmarks of being significant. This is a bulletin to update the weekly market report.
The 13 week cycle turned up last week. That at least kept the 6 month cycle in a flat down phase. Cycle screening data was much stronger on the week. That resulted in a breakout in the aggregate measure. Market Indicators Update
The 13 week cycle accelerated off its cycle low but crossing a thinned out trading range is the easy part. Here are the key resistance levels to watch and likely targets if they’re broken.
The 13 week cycle is overdue for a bottom after it briefly pierced support at 2050 and then rebounded. This report tells what that means for the outlook.
The market outlook weakened slightly again today, with new targets for short term and intermediate cycles. This is a free bulletin to update the Pro Trader Market Update posted May 15, 2016, part of a series of free reports that I’ll be posting as I recover from my emergency open heart surgery on May 3.…
This is a free bulletin to update the Pro Trader Market Update posted May 15, 2016, part of a series of free reports that I’ll be posting as I recover from my emergency open heart surgery on May 3. Click here to download this bulletin. If you are a subscriber, these free reports will not be charged to…