Another wave of selling broke another line of support, but this did not signal the onset of any new down phases. It only confirmed the…
Any downside follow through here could lead to a much more damaging decline. On the other hand if the market stabilizes and rebounds this week,…
I will be taking a weekend vacation as we make our way back to Florida. Thursday night’s market update will be the last Professional Edition…
Bears got what they needed to stop a potential runaway move to the upside but was it enough to make a lasting difference? At this…
The market is now just a stones throw away from an attack the August highs. This report covers the benchmarks that would signal whether it…
The market moved upward through the narrow trading range as short term cycles turned up. Intermediate cycles should still be in down phases, but the…
The short term upturn that the technical indicators hinted at on Thursday and Friday came to fruition on Monday. A 6-7 week cycle upturn has…
Cycle screening measures scored a split on Friday, with little overall change from Thursday’s reading. Technical indicators overall were not materially weaker, but continue to…
The market again held at support on Thursday. The early rally got bulls hopes up, but the cycles are negative across the time scale from…
Key trading cycles up to 13 week duration are all in down phases. The 6 month cycle is close to confirming a down phase as…
