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.
The Fed clearly signaled today that it intends to promote the equity “carry trade,” and the market took the handoff after a long running head…
A down phase that doesn’t give ground typically means that the market is headed to new highs in the next up phase.
The 6-7 week cycle projection has been hit and time counts suggest that the market is inching closer to a correction on a few cycles,…