Cycle screening measures strengthened on Tuesday, a non confirmation of the pullback in the market averages. The aggregate measure extended its break through the minor trend of lower highs and is within a short strike of breaking the high that began that trend at the end of July.
Today’s pullback left 6 month and 10-12 month cycle indicators no closer to buy signals in a time window where lows are expected. The triangle breakout in the SPX immediately flamed out, and the Dow and the QQQ both remained below resistance. Conflicting indications are the rule. What are we to make of it? Here’s…
Cycle screening measures strengthened a little more on Monday, adding to Friday’s small gains. The aggregate measure upticked enough to slightly break the minor trend of lower highs and there were other signs of strength. But where will they lead?
The rally today pushed 6 month and 10-12 month cycle indicators closer to buy signals in a time window where lows can be expected.
Cycle screening measures strengthened slightly on Friday as they continue a pattern of flip flopping in a tight range.Here’s what to look for.
When the market is set up so that anything can happen, you can be sure that it will. The question is, “What,” and on top of that, what to do. We’ve come to the fork in the road, and we know we must take it. Here’s a guide that suggests how to know whether to…
Cycle screening measures weakened on Thursday. The aggregate indicator fell below the tight range it has been in since last week, but it is still within the slightly declining range channel.
The SPX is trading in an indecisive pattern between converging lines of support and resistance. Cycles have taken a slightly more pronounced tilt however, with updated projections.
Cycle screening measures weakened on Wednesday. The aggregate indicator declined but stayed in the tight range it has been in since last week. The indicator won’t render a conclusive signal until it breaks out of that range decisively one way or the other
The SPX broke down from the triangle pattern in the morning only to recover to within the pattern by the close. What needs to happen next?