Technical Trader

Weekly stock market update featuring Lee Adler’s proprietary cycle analysis, price and time projections and SPY put and call trading recommendations.  Click here to subscribe. Now published at Lee Adler’s Liquidity Trader.

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Ugly Looking Selloff, But Cycle Screening Measures Don’t Confirm

The market selloff looked ugly, but cycle screening measures are either lagging badly or signaling that this weakness won’t be sustained. That’s like saying the market will either go up or down, but I’m leaning toward door number two, that the market isn’t as weak as it looked on Friday. Once Monday’s big Treasury settlement…