The imaginary Powell Put reaction got no satisfaction last week. Here’s where the market is headed next and what to do about it, including investment and trading strategies for profit.
The market thought it saw a Powell Put in the Fed Chairman’s speech last week. It caused short term cycles to reverse and get in gear with what had been a weak 13 week cycle up phase. The question is whether that up phase has strengthened, or if this is just a case of racing…
The market broke a key long term trendline last week as it heads toward completion of a secular top. Here are the signs that could signal a crash.
A narrowing trading range has formed, with the key parameters being approximately 2775 and 2680 this week.
The apparent 6 month cycle upturn remains intact, but here’s why bears can still be expectant and bulls need to protect their assets.
Cycle screening measures improved enough last week to hint at an intermediate upturn. We were looking for that so, it all looks good.
Long term indicators are now signaling a bear market. But the short run could be a different story. Here’s what to look for this week, including the triggers that could accelerate the crash.
Short term cycles have entered up phases. A 6 month cycle low is due, and a 13 week cycle upturn is overdue but most technical indicators are still weak. Here’s what to look for.
The market smashed the long term uptrend channel dating back to February 2016 last week. That signals the end of the bull market, although there may still be one or two head fakes before the bear gets to sink its teeth in.
The market has pulled back to multiple support lines in the 2870 area and market cycle indicators are weakening. Here’s what to look for.