The market continues its slow drift higher toward a 13 week cycle projection of 1390 and 6 month and 10-12 month cycle projections of 1450…
The slow motion meltup goes on. The market averages are on the brink of pushing through a major resistance level. That could lead to much…
There’s a reason why old Street hands are so fond of the idea that “the trend is your friend.” Many indicators are mixed or in…
The market blasted through minor resistance on Friday, and now faces a test with a band of major resistance at 1350-1360s. The market remains in…
OK, so I know you’re sick and tired of reading the same thing night in and night out, and I’m just as sick of writing…
Tuesday is groundhog day. Does that mean we can expect more of the same? The cyclical window for a down turn is fast closing. If…
Technical indicators are increasingly signaling a correction, but the market is giving little ground. Amazon is giving it an excuse to sell off after the…
The market is as ripe as it gets for a correction.
The rally has stalled and time counts suggest that a correction is due, but centered moving average projections still point higher. Which should get more…
Not enough happened yesterday to materially change the outlook.
