The market continued to do just enough to continue the signs of a gradual upturn in the 6 month cycle. This report covers what it’s doing along those lines, and what might break the pattern.
The market stopped bleeding where it needed to, to keep signs of 6 month cycle bottom formation intact on Wednesday. This report covers what to look for to keep a bullish tilt or turn bearish.
The market’s aimless trading on Tuesday still looks like part of a short term consolidation or pullback, rather than the resumption of an intermediate decline. However it could go on for several more days like this until the settlement of the $25 billion Treasury Cash Management bill is out of the way on Thursday, and…
For now, the 13 week cycle is still in an up phase but here’s what might signal that it’s broken.
Friday’s pause did no technical damage. In fact, it was an impressive performance considering that Primary Dealers and big investors had to cope with paying for the $66 billion in net new Treasury notes they bought last week. This report covers the technical indicator trends and outlook in light of that performance.
The market continues to inch toward confirmation of a 6 month cycle upturn.
The market pulled back to and through support, but in the end the lines bent but did not break. The short term cycle up phases remain intact. This report looks at the support and resistance benchmarks, and what to expect if they break.
The market weakened for a second straight day, but technical indicators still are not signaling a serious decline. Cycle time signatures also continue to favor a turn to the upside, but the market may run into a problem with the $77 billion in new Treasuries it must settle Thursday and Friday. Here’s how things shake…
There was no sign of any serious technical damage in Monday’s pullback. Short term cycle up phases ideally should still have more than a week to go. This report tells what to look for.
13 week cycle indicators confirmed an up phase in that cycle as a result of Friday’s rally. 6 month cycle indicators are getting closer to confirming an up phase in that cycle.