Tag Archive for Ambiguity

Dicey Situation

The cycle screens did not confirm yesterday’s rally. The 6 month cycle projection has been reached, but the 13 week cycle projection has dropped to 1245, with a low ideally due now. There are no buy signals yet. The short term indicators are still mostly on the sell side, with some ambiguity. This report illustrates…

SPX, RUT, CVX, WLSH Updates: Last Update Was the Bear View; Now Let’s Poke Holes in It

In Thursday’s update, I built up the bear case; for today’s update, we’re going to try to poke some holes in it — and within all that, we’ll look at some targets which fit both.

Since I covered the bear case in quite a bit of detail on Thursday,…