Market Update

Rangebound Racing

Cycle screening measures were mostly weaker on Monday, either because they are too slow to catch up with the market’s whipsaws, or sending a warning that the rally isn’t supported. Which is it?

Stick Save!

Another miracle stick save on the heels of a minor selloff has kept the market on track for a 13 week cycle up phase, but it’s not clear how strong it will be.

Cycle Screening Numbers Stopped At Line In The Sand, Friday

Cycle screening data was materially weaker across the board on Friday, dropping all 9 measures to the sell side on balance. The aggregate measure went deeply negative but stopped at the trendline of rising lows. Here’s what it means. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition…