Archive for June 11th, 2011
Intermediate-term Forecast for June 11, 2011
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Stock Market Annual Cycle High Nearly Confirmed
Last month, cycle analysis indicated that the latest annual cycle high (ACH) had potentially formed in May and the subsequent sharp decline in June has effectively confirmed that the high is in place. Only a quick move up to new long-term highs above 1,365 on the S&P 500 index during the next three weeks would [...]
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