The market is testing major support again this morning. A close below 1345 would break several major support levels and trend channels. This report examines…
The market suddenly seems to be walking along on the edge of a cliff technically. One false move and it feels like it could fall…
The market remains in the doldrums, with every sign pointing to a continuation of the ennui. The 10-12 month cycle is ideally due to peak…
The uptick in the averages was accompanied by only mixed indicator readings. The cycle projections, however, tilted a bit more bullish than yesterday’s readings. All…
The market’s drop yesterday changed nothing in the numbers or the chart patterns. Upside projections range from 1407, already done, on the 4 week cycle…
Monday could be a bit rough with payments due for the settlement of $54 billion in new Treasury paper, but the technical signals still point…
The market extended its little tear on Thursday and looks good for at least a test of the highs, with an initial projection of 1413…
The Nasdaq and SPX had big moves on the strength of the move in AAPL, but the Dow and screening measures were less enthusiastic. What…
There’s still a chance that the 6-7 week cycle up phase may show some strength, with the 6 month cycle possibly getting in gear as…
More weakness today could indicate a failure in the 6-7 week cycle up phase, which could lead to the market quickly reaching the new 6…