Cycle screening measures tilted in the bears’ favor as 2015 came to an end.
6 month cycle momentum indicators on the SPX and QQQ have dropped to the sell side, signaling the probable top of that cycle, and possibly the onset of the second leg of the bear market to start 2016. Here’s what needs to happen.
Cycle screening measures continued to strengthen on Thursday, with modest to moderate gains in 6 of the 9 measures.
The Christmas Eve stall was a gift to the bears, at least temporarily, as it kept alive the chance that the latest version of a triangle pattern won’t break out to the upside.
The market fell to and through key support at 2010. If it doesn’t immediately rebound, the decline could pick up speed. Here’s what to look for.
The market finally broke out of the triangle pattern to the downside, and as is usually the case, the move was explosive, but it did stop at support at 2010. Here’s what to expect.
Cycle screening measures strengthened on Friday, but they did not reverse to the same extent as the market averages. This report shows the pictures and tells what the numbers mean for the market outlook.
That’s how many weeks in the past 12 months the market has crossed all or part of this week’s trading range. Is it any wonder the market is thin? Beyond that, what does it mean?
Cycle screening measures on Friday were slightly weaker on balance, going against the slight gain in the S&P 500. 8 of the 9 measures weakened. This report explains what that means for the market outlook.
The market slept through the holiday week, allowing the bulls to keep control but still leaving the bears in position to grab it back, having one very important factor in their favor.