There were a few technical chinks behind the small uptick in the market averages on Friday. Cycle screening measures were a tad weaker and negative…
Most indicators strengthened slightly today. Some cycle projections rose. The market is challenging trend resistance. Could it accelerate if it breaks through?
Given the immense changes and exciting tape action in the market today I…yawn… but all the charts and tables are updated… yawn. Cycle projections barely…
Yesterday I was unwilling to give a new 13 week cycle projection of 1955 any weight. That was before the market got crazier today. Now…
Technical indicators weakened along with the market averages, but not enough to trigger intermediate sell signals. The 4 week cycle remains in a down phase…
The market rallied through resistance on Friday, but could not hold there, leaving the status of the rally in question.
The market continued to grind higher, edging to new highs in spite of recent weakening in short term indicators.
Is this one of those infernal internal corrections that bears dread? Here are the particulars. You be the judge.
Short term indicators continued their progressive weakening today. The question is whether that’s a sign of an internal correction that will lead to an eventual…
The market tried and almost succeeded in breaking out, closing just below the prior highs. Technical indicators were modestly stronger. Screening measures had a slight…