Evidence that the 6 month cycle has topped out is increasing, but it’s too early to tell just how damaging the down phase will be.…
The selloff suggests that intermediate cycles are topping, but follow through is needed for confirmation. The issue is whether this is the onset of a…
The indicators have begun to trigger a few short term sell signals in the time window for a 6 month and 10-12 month cycle top.…
The market broke out through major trend resistance today, clearing the way for an immediate move to 1600 and ultimately significantly higher. Time counts suggest…
The market remains a few points below its projected highs but it is entering the time window for a top, meaning that it’s time to…
The market update will be posted Thursday morning before the NY open. As you may surmise, there’s little new to report. See you in the…
The market made another new high while cycle screening measures weakened. Is that an internal correction or a sign of creeping weakness? I can’t answer…
The market continues to push against and into an area of major long term resistance. A breakout through 1552 would open the way for what…
Cycle screening measures took a breather yesterday while the averages had a small uptick as they pressed major resistance in the 1540-60 area, in making…
Due to the posting of the Treasury Update tonight, the Market Update will be posted Thursday morning. Thanks for your patience and support.
