Archive for June 4th, 2011
Stock Market Intermediate-term Cycle Scenarios
The S&P 500 index closed sharply lower this week, moving down to a new low for the downtrend from early May. There are two viable scenarios with respect to the development of the current intermediate-term cycle from March. A return to the April long-term high of the cyclical bull market during the next few weeks [...]
Intermediate-term Forecast for June 4, 2011
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Gold Consolidates near All-time Highs
Gold closed slightly higher this week, holding below recent all-time highs of the secular bull market from 2001. The correction following the last ITCH in April has been shallow, favoring a continuation of the long-term uptrend after the formation of the next ITCL sometime during the next several weeks. The annual cycle following the January [...]
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