The market is trading in an indecisive pattern, waiting for some impetus for the new 13 week cycle up phase that’s having trouble getting any…
Some of the sector charts that were looking as though they were starting an intermediate up phase suddenly don’t look so hot. As for the…
Bulls put half a nail in the temporary bear coffin on Friday (temporary coffin- huh?). It looks as though a 13 week and 6 month…
Time factors continue to argue for an intermediate up phase and most technical measures are haltingly agreeing.
The market sent a bunch of signals on Wednesday that said the 13 week cycle low was in, but it’s easy to cross a trading…
Support levels have held, and time counts suggest that an intermediate low is due. Downside projections have been reached. The only things missing are indicator…
The cycle screens did not confirm yesterday’s rally. The 6 month cycle projection has been reached, but the 13 week cycle projection has dropped to…
The market broke major support on Friday and is now hanging by a thread, the thread being the possibility that the break was just a…
From the premarket action this morning, it’s as if yesterday’s rally did not happen. A drop back below 1323 would be problematic for the bullish…
And then again it might not, but it’s clearly an important one, with a lot riding on what happens this week. This report gives the…