Cycle screening measures were weaker on Wednesday. The aggregate measure had a second straight modest drop coming off a new minor high. Normally that indicator will form a negative divergence before the market averages make a short term peak.
The question is, a reason to do what. A couple of cycle projections rose slightly. Maybe that’s the answer.
Cycle screening measures were mixed on Tuesday. New signal measures were mostly a bit weaker, while current status measures were a bit stronger. Here’s what that tells us.
The market was little changed on Tuesday. Here’s a summary overview of the observations of recent days, and what that means for the intermediate term outlook.
Cycle screening measures were slightly stronger on Monday.
It may have looked like a breakout because it took out the old highs, but it’s not really. Here’s why, and what to look for.
Cycle screening measures were stronger on Friday, confirming the 6 month cycle up phase. However, there is still doubt about how strong it will be, until one of these things happens in the next day or two.
The S&P edged to another new closing high but it still has not quite broken out of its trading range. Here’s what to look for.
Cycle screening measures were stronger on Thursday but left a little room for doubt.
The S&P edged to a new closing high. Will it break out, and if it does, where’s it headed? Here are the most likely answers.