Technical indicators deteriorated slightly on Friday. The 10-12 month cycle is overdue to top out. While its indicators have lost upside momentum, they remain in…
The market tested the highs as most technical indicators continued to show slight strengthening. They are in position to confirm whatever the market does here,…
The market took a breather. Beneath the surface technical indicators and screening measures showed some improvement. 10-12 month cycle indicators remained bullish and the projection…
The rally was accompanied by massive strengthening in cycle screening measures, which are hinting at the possibility of an early upturn in the 6 month…
There are signs that the market distribution machine wants to accumulate more inventory before taking prices higher.
The market’s bounce on Friday hinted at but did not confirm a 6-7 week cycle upturn. The averages would need to close above certain minor…
I have to wonder if AAPL might not have been the canary in the coal mine for this market. The averages have fallen to a…
Technical indicators weakened further as the market plunged to major support but did not break it. 1545-50 is the critical zone. This report considers the…
Tuesday’s rebound only increased the mess on the charts. There’s a lack of clarity across most time frames. The 6 month cycle still seems to…
Stocks broke on Monday, driven by margin calls to big holders of gold and silver. Initial breaks from bull market tops act like that, but…
