The 13 week cycle up phase gained momentum, generating new signals and new cycle projections, covered in this report.
Cycle screening measures strengthened today. The aggregate measure made it back to positive territory and new 6 month cycle signals edged back to the buy side. Does this suggest zombification of the market?
The market rallied weakly today. It was just enough to continue to signal a likely upturn in the 13 week cycle. But it has so far shown no particular sign of strength. Here are the more likely outcomes of this behavior.
Cycle screening measures were mixed but with a strengthening bias in some key measures. Here’s what this suggests.
The market edged toward a breakout through the downtrend channel but did not quite get there on Monday. Here’s what to look for.
Strength in cycle screening measures on Friday tends to confirm the onset of a 13 week cycle up phase, but what about other cycles?
Did a 13 week cycle upturn just override a 6 month cycle downturn?
Cycle screening measures were little changed on Thursday. Although new short term signals did improve, the overall change in the aggregate numbers was minimal. The intermediate term measures remain weak, and the aggregate measure remains at a very weak level.
Technical warning signs are increasing for the stock market, with new downside cycle projections on the 6-7 week and 8 week cycles. This report covers what periodic indicators are suggesting for short term through long term cycles with a particular focus on the intermediate swing.
Like the broad market indicators, cycle screening data also dropped hints of a 13 week cycle low, but with ominous portents if they don’t come to fruition soon.