The upturn has now persisted enough to allow for a 4 week cycle projection. This report reveals what that is and looks at the chances of reaching even higher highs.
Cycle screening data reached new short term highs.
The current short term rally phase is rife with questions. Here are some of them, along with where we’ll find the answers.
Cycle data continues to strengthen, but not yet enough to be convincing that intermediate cycles are turning up.
Ambiguity is no fun, but it is what it is. With the market failing to blast through resistance at 1945, the signs are ambiguous. This report examines the ambiguity so that you can take your best guess on which way it will tilt in the short to intermediate term.
The rebound pulled the 13 week cycle projection up to a level already surpassed. A 6 month cycle low appears due and a 13 week cycle low is way overdue. Was that it?
I hate analysis that says “On the one hand…on the other hand.” It’s just so wishy washy. I especially hate when I’m the one reporting that way. But there are times when the market requires it.” So get your hands ready and take notes– a checklist for each hand as you watch the market play out…
The market tried but failed to break out of crash channels on the SPX and DJI. It would need to close materially above 1907 on Friday to break that trend. There are no buy signals on any cycle indicators from 4 weeks to 10-12 months, which indicates that momentum is in gear to the downside…
Cycle screening measures continued to edge toward indications that a turn is at hand. This report gives a rundown of those measures, and why the suggest that a low is either here or near.
The current selloff has covered 80 points high to low. The April selloff covered 83 SPX points from high to low. This report covers what that means, along with other indications of whether or not a bottom is forming.