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.
The market now faces an immediate test of critical support. If broken, there’s an air pocket below. Here are the parameters to watch, and to watch out for.
Cycle screening measures were mixed and lethargic on Friday, not indicating any significant change in the underlying trend. There’s still a good chance that the market will attempt to make a run at resistance at 2100 and ultimately at the 13 week cycle projection which is even higher. This report explains why, and what to…
While some intermediate indicators have edged to the sell side, they remain at very high levels, which is consistent with trending. The market is on track to reach the next trend resistance area, and an even higher 13 week cycle projection. This report shows where those levels are and what it would take to change…
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.
13 week cycle indicators continue edging to the sell side but at very high levels. This report covers what that means for the cycle projections that point higher, and the benchmarks to watch to indicate that the rally is finished.
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.