The market selloff looked ugly, but cycle screening measures are either lagging badly or signaling that this weakness won’t be sustained. That’s like saying the…
V shaped bottoms have become the rule rather than the exception in this HFT bot driven market. The algorithms all see the same thing at…
The market found its footing on Wednesday, establishing that the 1350-60 area is now support. Resistance is now indicated immediately overhead. That could lead to…
10-12 month cycle indicators have now edged to the sell side, portending a down phase lasting 4 to 6 months. It’s too early to estimate…
Cycle screening data has now been updated. The Aggregate Differential indicator has reached an oversold level where it usually bottoms.
Apparently I wasn’t the only one who correctly guessed that Friday’s jobs data would be a big miss. (https://wallstreetexaminer.com/2012/04/05/nonfarm-payrolls-should-fall-by-377000-but-they-wont/). In spite of the fact that…
Bears fired a warning shot on Wednesday. It’s probably not the end, but probably is the beginning of the end of this uptrend. The market…
Was today’s selloff just the dealers shaking the low hanging fruit from the tree?
The market is in a time window for a 6 month cycle upturn. Today’s action hints at the beginning of that turn, but there’s no…
Cycle structures are a mixed bag, with multiple juxtapositions. The market is unlikely to make a sustained move in either direction in the short run…