Technical indicators continue to tilt toward confirming that a 6 month cycle low is behind us. A cynic might believe that certain big money players…
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…
Several technical indicators have reached levels consistent with intermediate lows, but key support levels have been broken, and despite some signs of being oversold, the…
Cycle screening data has now been updated. The Aggregate Differential indicator has reached an oversold level where it usually bottoms.
Apparently I wasn’t the only one who correctly guessed that Friday’s jobs data would be a big miss. (https://wallstreetexaminer.com/2012/04/05/nonfarm-payrolls-should-fall-by-377000-but-they-wont/). In spite of the fact that…
Technical indicators weakened slightly and the market gave ground slightly but there’s still no sign of a reversal of any significance. If support around 1395…
The market averages broke out and technical indicators confirmed the move. The suggestion is that new up phases are beginning not only in short term…
Technical indicators are increasingly signaling a correction, but the market is giving little ground. Amazon is giving it an excuse to sell off after the…
Technical indicators show some fraying around the edges. 10-12 month cycle momentum is surging on the buy side, but VIX keeps sending sell signals. Conflicting…
The market’s mixed performance was accompanied by minimal strengthening in technical indicators, as well as ongoing signs of possible distribution in the cycle screening measures.…
