Archive for June 20th, 2011

Confirmed Short-term Signal: Stock Market Cycle Analysis

Confirmed Short-term Signal: Stock Market Cycle Analysis

| June 20, 2011

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Chinese Stocks Begin Test of Important Support Level

Chinese Stocks Begin Test of Important Support Level

| June 20, 2011

In early May, our analysis identified the development of a symmetrical triangle formation on the weekly chart of the Chinese Shanghai composite and suggested that a close below the lower boundary of that technical pattern would forecast a quick move down to congestion support in the 2,600 area. As expected, the symmetrical triangle breakdown in [...]

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Cycle Low Signal Generated for Stock Market

Cycle Low Signal Generated for Stock Market

| June 20, 2011

The S&P 500 index closed moderately higher today, reacting further off of recent lows of the violent decline from early May. Today’s advance resulted in the formation of a bullish engulf pattern on the daily chart that confirmed the cycle low setup that occurred on Friday, thereby generating a cycle low signal. We have been [...]

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Short-term Forecast for June 20, 2011

Short-term Forecast for June 20, 2011

| June 20, 2011

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