Growing weakness in 6 month cycle measures has now confirmed an early downturn in that cycle. Here’s what that portends.
The market has had 4 prior meltdowns in the past year that started ugly. This one is uglier. Here’s what to look for.
The charts look like they did when the last 4 declines this year started. What’s different this time is the oil crash.
Cycle screening measures were modestly stronger today, but that just creates ambiguity in the overall picture. It would be unusual for the market to launch a sustained short term rally before these measures get more oversold first and then form a positive divergence. The odds would normally favor a lower market low as that unfolds,…
The market rallied, but in so doing merely established a downtrend channel.
The weakness of cycle screening measures accelerated along with the market averages today. That suggests more downside ahead.
The 13 week cycle down phase suddenly grew teeth. Any further weakness from here could put the market in crash mode.
Cycle screening measures weakened on Tuesday. The aggregate measure fell out of a mild downtrend channel to a new low in this recent downtrend.
The stock market faked a breakdown today. Was that a bottom, or a sign of things to come?
It was just enough to suggest a toe in the water on the short side in one suspect sector.