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Weekly Market Update with interim bulletins featuring Lee Adler’s proprietary cycle analysis, price and time projections and cycle screens of big cap stocks and ETFs. Click here to subscribe. Subscribers, click the post headline to access reports.

What Do Mega Strong Cycle Screening Numbers Mean If This Is a Bear Market?

Cycle screening measures weakened slightly on Wednesday but remain extremely overbought. That’s a normal feature of the initial thrust of a big intermediate up phase. There’s usually enough residual momentum to keep the pot boiling for months, with the dregs churning to the surface in the process. These measures cannot answer the question of the…