Rally Is Set to Accelerate if These Benchmarks Trigger

This is a syndicated repost courtesy of Liquidity Trader. To view original, click here. Reposted with permission.

Last week I wrote that the 6 month cycle low setup was forming. Was this rally the beginning of the up phase? While we don’t have 6 month cycle indicator confirmation yet, my best guess is that it was the beginning of the upturn in the 6 month and 10-12 month cycles. And there are signs of potential acceleration. This report shows you the levels that would signal another upsurge, along with the targets for the move, and stock charts that look favorably positioned to participate and potentially outperform.

Chart picks did well last week. With a dozen picks last Monday, all on the buy side, the list was well positioned to take advantage of the rally. Including the short sale that was closed with a loss on Monday’s open, the list showed an average gain of 4.7%, assuming 100% cash basis, no margin or options, with an average holding period of 10 calendar days, as of Monday, March 15.

I am adding 4 new picks, all buys, as of Monday’s open.

The screens generated 27 charts with the kinds of signals I look for. 16 of those were buys. One of the sells was an inverse ETF. Therefore 17 of the 27 signals were bullish. This is somewhat less than each day for the previous week, when buys were running 90-95% of the screen results.

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These reports are not investment advice. They are for informational purposes, intended for an audience of investment and trading professionals, and other experienced investors and traders. Chart pick performance changes week to week and past performance may not indicate future results, as you know. Trading involves risk, and these reports assume that you understand those risks and manage them according to your tolerance. 

Wall Street Examiner Disclosure: Lee Adler, The Wall Street Examiner reposts third party content with the permission of the publisher. The opinions expressed in these reposts are not those of the Wall Street Examiner or Lee Adler, unless authored by me, under my byline. I curate posts here on the basis of whether they represent an interesting and logical point of view, that may or may not agree with my own views. Some of the content includes the original publisher's promotional messages. No endorsement of such content is either expressed or implied by posting the content. All items published here are matters of information and opinion, and are neither intended as, nor should you construe it as, individual investment advice. Do your own due diligence when considering the offerings of information providers, or considering any investment.

Lee Adler

I’ve been publishing The Wall Street Examiner and its predecessor since October 2000. I also publish LiquidityTrader.com, and was lead analyst for Sure Money Investor, of blessed memory. I developed David Stockman's Contra Corner for Mr. Stockman. I’ve had a wide variety of finance related jobs since 1972, including a stint on Wall Street in both sales, analytical, and trading capacities. Prior to starting the Wall Street Examiner I was a commercial real estate appraiser in Florida for 15 years. I was considered an expert in the analysis of failed properties that ended up in the hands of bank REO divisions, the FDIC, and the RTC. Remember those guys? I also worked in the residential mortgage and real estate businesses in parts of the 1970s and 80s. I have been charting stocks and markets and doing analytical work since I was a teenager. I'm not some Ivory Tower academic, Wall Street guy. My perspective comes from having my boots on the ground and in the trenches, as a real estate broker, mortgage broker, trader, account rep, and analyst. I've watched most of the games these Wall Street wiseguys play from right up close. I know the drill from my 55 years of paying attention. And I'm happy to share that experience with you, right here. 

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