The raw daily data for last week as a whole tilted strongly to the sell side for a second straight week. The final score for the week was Sells 212, Buys 101. Of the 48 charts with multiple sell signals, I found 14 that I liked well enough to add to the list as shorts.
Cycles – Cycles are mixed and opposed, expressed as a rangebound market that is likely to xxxx xxxx xxxx (subscriber version).. The timing and direction…
The raw daily data for last week as a whole tilted strongly to the sell side for a second straight week. The final score for the week was Sells 212, Buys 101. Of the 48 charts with multiple sell signals, I found 14 that I liked well enough to add to the list as shorts.
The stock market seemed to make a 13 week cycle low in the expected time window late last week. But as we watch in horror…
Technical Trader subscribers click here to download the complete report. The raw daily data for last week as a whole tilted strongly to the sell…
Technical Trader subscribers click here to download the complete report. The odds of a stock market crash are typically extremely low. But on rare occasions…
The final lists resulted in just one buy signal, a gold miner, and 14 charts with a sell signal on Thursday or Friday, following sell signals earlier in the week.
Crashes happen when apparent bottoms drop out.
The extra layer of screens that I instituted for swing trade chart picks last week, and a cooperative market, paid off in a big way. Woo hoo!
Cycle screening measures screamed higher in a pattern similar to October-November 2020. That led to a breakout and long upleg. It doesn’t guarantee the same outcome here, but we need to be cognizant, and prepared for the possibility.
