Multiple indicators and screening data are signaling that 13 week and 6 month cycles have topped out. The question is just is how weak the…
You can complain all you want about the volume in this market, but what I find most stunning about it is the sheer orderliness of…
The market pulled back to key support. A break of 1558 could give the bears some running run, but if they don’t break that level,…
The market edged to a new high last week, and there’s little to indicate that the slow motion meltup is about to end yet. The…
Technical indicators were stronger than the market averages on Wednesday as buyers try to chew through resistance for a breakout to new highs. Over the…
One of the most basic edicts of technical analysis is that, “The trend is your friend.” What that means is that in a persistent uptrend,…
Cycle indicators and screens weakened slightly on Monday, continuing to suggest at least a 6-7 week cycle down phase and a probable top in 13…
The SPX continues to fluctuate around a key long term channel line, keeping us in suspense as to whether this is an intermediate top or…
Sellers got the upper hand on Thursday, but that still did not result in screaming sell signals on intermediate indicators. So far, it’s more of…
The sudden shift in the market today puts the bears back on the defensive. There has been no indicator confirmation of an intermediate top yet,…
