The market hinted at a 13 week cycle bottom by bouncing from trend and cycle wave convergences around 1990. But will those hints be realized? This report tells what to look for to signal a turn or a tumble.
Cycle screening measures stayed weak on Tuesday, a sign that the short term trend is still down, and that the intermediate trend may be turning down. Here’s what to look for that might signal things will get worse, or turn around.
The market ran virtually the entire range of indecision that I delineated yesterday. Here’s why it will get ugly if the break goes a certain way.
Cycle screening indicators weakened on Monday. The aggregate indicator dipped. The indications for the 6 month cycle, the big daddy of swing trading swing cycles, were particularly troublesome. But extreme weakness in these indicators in the past has been associated with intermediate or major bottoms in the past. Here’s why this time may be different.
The market’s indecisive pattern may be coming to a head, which should lead to a pop one way or the other. While collateral spatter is likely, at least such a pop would clear this thing up. Oozing sideways is always a possibility but it seems a lesser likelihood given the market’s recent erratic and volatile…
Bear market rallies usually start out powerfully and then fizzle after a few days or weeks. So is that what last week’s rebound was? Here’s what the cycle screening data tells us on that score.
The market’s stall set up a new potential downtrend channel, making the outlook even murkier than it already was. But there are clear benchmarks that should act as signals for what to expect next.
With cycle screening measures on a mad dash to get back to positive territory in record time after a record drop, it raises the questions of when this instability will either calm down or result in a catastrophic failure, how we’ll know which it will be, and when. One thing is certain. This remark reminds…
Bull markets always end with a last great sucker rally. This report explains why this one may be the last, or next to last, of this bull market.
Cycle screening measures strengthened markedly on Wednesday, but coming from an all time record low, the numbers remained deeply negative. In the past such deeply oversold readings have been associated with intermediate bottoms formed over several days. But does Tuesdays’ new all time record low suggest something different?