Short term cycles look to be headed for a breather. But don’t expect much downside. The 13 week cycle has an updated projection.
Technical Trader subscribers click here to download the complete report. This Friday’s screens had 15 buys and 40 sells. That compares with 24 buys and…
Is the stock market getting ready to blast off again? There are hints on the charts that say the answer to that question looks like yes.
This Friday’s screens had 24 buys and 25 sells. That compares with the previous Friday’s 25 buy signals and 17 sell signals. Friday’s strength in the market averages was neither broad, nor monolithic.
The market confirmed the prior indications of xxxxxxx (subscriber version only) in cycles up to 13 weeks, as well as a probable 6 month cycle xxxx.
Including 5 holdovers from last week, there are now 13 open picks on the list, all longs.
From a time perspective, the 10-12 month cycle ideally should be in a top phase. But it surpassed its last cycle projection of 4440 so it is probably in trending mode. Both the 6 month cycle and the 13 week cycles appear to be trending.
Including 5 holdovers from last week, there are now 13 open picks on the list, all longs.
From a time perspective, the 10-12 month cycle ideally should be in a top phase. But it surpassed its last cycle projection of 4440 so it is probably in trending mode. Both the 6 month cycle and the 13 week cycles appear to be trending.
Including 5 holdovers from last week, there are now 13 open picks on the list, all longs.