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.
There were a slew of signs last week that a 10-12 month cycle top is starting to form.
There’s one thing on the charts now that can save the bears. If it doesn’t happen, this report shows you where the next rallh targets would be.
The market continues to trend weakly higher, with no sign of real conviction or cyclical breadth momentum.
There are enough red flags to suggest that a top is finally forming. Here’s what to look for.
The aggregate indicator of cycle screening measures made another lower high last week. It has been making lower highs since May, and the downward angle has been increasing. So where’s the market headed? This report gives the answer.
Short term cycles have been in up phases which have now strengthened. Here’s where they are headed and what that tells us about the bigger picture.
The current uptrend faces a test at 2858 on Monday. If they close it above that, here’s what to expect.
The market ended the week at the bottom of an intermediate trend channel with some signs pointing to a breakdown. Here’s what to look for.