Cycle screening measures weakened. New 13 week cycle signals dropped to the sell side, suggesting that the high is in on that cycle but 6 month cycle measures remain very strong.
Cycle screening measures were mixed and little changed overall on Tuesday.
Cycle screening measures were slightly stronger on Friday. Here’s what it means.
The market broke through minor resistance and is moving toward projections on several cycles which are also in the vicinity of resistance clusters on the charts.