The market shifted into trending mode last week when it looked set up for a short-term down phase. The advance could become open ended, with no projections to tell us where to look for a top, if it exceeds the revised 10-12 month cycle projection of xxxx. It looks and feels like an end stage blowoff, where only a few big stocks are driving the advance in the S&P. Non subscribers click here to access.
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Late July is prime time for the xxx-week and xxx month cycle xxxs. However, the 6-month cycle has been dominant and it points towards late xxxxxxxx for the ideal window for a cycle high. Non subscribers click here to access.
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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.
