The market is perfectly positioned for a big move as Ben takes center stage on Wednesday. New 6 month cycle buy signals on cycle screening…
Support levels have held, and time counts suggest that an intermediate low is due. Downside projections have been reached. The only things missing are indicator…
From the premarket action this morning, it’s as if yesterday’s rally did not happen. A drop back below 1323 would be problematic for the bullish…
Wednesday’s action was a mirror image of Tuesday, except that the underlying technical indicators were stronger than the market averages on both days. The market…
The market reached major support on Friday and rebounded strongly yesterday to form what could be an intermediate bottom. Cycle projections rose to levels already…
The Moral LiberalGold rallies on technical buying; dead-cat bounce?CNBC.comNEW YORK (Reuters) – Spot gold rallied more than 2 percent on Thursday for its largest one-day gain since late January, as technical buy signals and new signs of a sluggish US e…
While all cycles up to 10-12 months are technically in gear in down phases, the market has shown little sign of giving ground. Lows are…
SPX cash opened weak, falling through the 5 day cycle centerline at 1342, signialing the onset of a down phase in that cycle. The 8…
No material change in the counts since yesterday. The SPX hit yesterday’s targets, and actually exceeded my exact 1328 target by a couple points before reversing. A small moment of truth for the short term preferred coun…
SPX (cash) had a late surge on Friday pushing the 2 day cycle projection to around 1317. 2 day cycle oscillators had been on the…