A 6 month cycle down phase has probably begun, but it may not last too long. A low is due within a month and normal…
More indicators are edging to the sell side and the market is flirting with a break of major support. If it breaks, there’s a 60…
The market needs only to close below 1370 to break the uptrend channel that began on December 21 at the time of the ECB’s first…
Cycle projections rose on Thursday and are now pointing toward the upper 1400 range. In the latter stages of a move projections tend to be…
We’ve become so jaded by the relentlessness of the rally that any down day feels like a massive break, but in reality, no key support…
The market has begun to edge above major resistance, clearing the way for a significant extension of the rally.
The market update will not be posted tonight. I’ve run out of ways of saying the same thing differently. The report will return tomorrow at the…
Upside projections were little changed on Friday. The market remains in trending mode. When will it return to cycling?
This uptrend refuses to die. Most indicators continue to move more or less sideways in positive territory. There’s no sign of any change in the…
Bears scored a minor victory on Wednesday, with many indicators barely crossing over their signal lines to the sell side. But we’ve seen this before…
