SPX pulled back slightly last week but held intermediate trend support lines. It widened its short term uptrend in the process. So far it has…
A significant intermediate term correction is due in the second half of this year, but long term projections say it won’t lead to a bear market…
The SPX extended its breakout above multiple trendlines from 2405 to 2430 . It has reached the next resistance area around 2440-70. Here’s what to…
The SPX broke through a couple of trendlines at 2405 last week. It currently sits just above those lines. The next area of resistance is…
The market has become thin in the 2350-2405 area. It can traverse this area easily without any technical significance, or rhyme or reason. But there…
Cycle screening data was narrowly mixed last week. The aggregate indicator has developed a negative divergence over the past 2 weeks, but the pattern overall…
Cycle structures now argue for the market to churn slightly higher over the short run, then to have one final burst going into a concurrent…
The SPX broke out of its short term downtrend channel on Monday. It then leapt across its thinned out trading range and stalled at the…
Chopping like this is a feature of rangebound, meat grinder markets, making them extremely difficult to trade on the basis of intermediate swings. Market Update…
All swing cycles should be in gear over the next week or two. Here are likely targets if these key support levels break. We have a…