Market Update

Market On Day To Day Status

Cycle screening measures had a slightly positive tilt today. That ran counter to the minor weakness in the market averages. This report looks at the data regarding the chances of breaking out to make a run at cycle highs projected by the market averages.

Cycle Screens Signal Second Wind

Cycle screening measures strengthened on Wednesday. Increases in new 13 week and 6 month cycle signals suggest a second wind for those cycles after recent signs that they were topping out but the aggregate indicator upticked but remains in a negative divergence. Here’s what that means.