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.
Last week’s action may have been a failed test of the January high. We should have our eye on a couple of critical levels and one set of shorter term indicators that could signal the onset of the first downleg of the bear market.
The market’s pullback late in the week has created an inflection point at 2800. Cycles are favorable for more upside but there are caution flags that could require a change in the outlook. Here’s what they are, and the upside targets if they don’t transition into sell signals. Here is today’s updated list including new…
The market is in a meltup channel. Here’s where it’s headed.
The market broke out of a downtrend channel early last week and the current channel now points sharply higher. But the irresistable force also meets the immovable object at a level just overhead. Here’s what to look for to signal either an extension of the rally or a reversal.