Cycle screening measures weakened slightly again on Friday in spite of the slight uptick in the S&P. However, they remain overbought with continued strengthening in…
The market held on the plus side on Friday after clearing an area of multiple resistance lines between 1995 and 2010 on Thursday. It failed…
Cycle screening measures were stronger on Friday, with more signs that an intermediate low has formed.
The market punched through one set of intermediate trendlines but did not quite clear parallels just above that, in particular around 1960 on the SPX.…
Cycle screening measures were stronger on Friday running counter to the stall in the S&P 500. Here’s what that means in the current context of…
The rest of the part of the $33 billion paydown of T-bills that settled Thursday afternoon (see Treasury and Federal Revenues reports), which was available…
Cycle screening measures were weaker Friday. The aggregate measure plunged back below the string of minor highs that it had just cleared. The weak recovery…
The market fell back within the intermediate downtrend channel. About $10 billion in cash is coming from the Fed on Monday for the last MBS…
Cycle screening measures were slightly weaker on Friday, failing to confirm the market rally for a second straight day. Here’s what that means.
The market trundled upward from short term trend support, seemingly taking aim at the top of the triangle pattern that formed off the August 24…