Archive for March, 2012

Intermediate-term Forecast for March 31, 2012

| March 31, 2012

S&P 500 Index Weekly Chart Analyses The following technical and cycle analyses provide intermediate-term forecasts for the S&P 500 index. For short-term outlooks see the latest short-term forecast and for long-term outlooks see the latest long-term forecast. Technical Analysis The index closed moderately higher this week, moving up to a marginal new high for the […]

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Short-term Forecast for March 30, 2012

| March 30, 2012

S&P 500 Index Daily Chart Analyses The following technical and cycle analyses provide short-term forecasts for the S&P 500 index. For intermediate-term outlooks see the latest intermediate-term forecast and for long-term outlooks see the latest long-term forecast. Technical Analysis The index closed moderately higher today, moving up toward recent highs of the uptrend from October […]

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Stocks Begin Another Test of Rally Support

| March 29, 2012

The S&P 500 index rebounded from early losses to close slightly lower today, holding below recent highs of the rally from October 2011 and beginning another test of uptrend support. Technical indicators are slightly bullish overall on the daily chart, tentatively favoring a continuation of the advance. However, the rally from October is extremely overextended […]

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Short-term Forecast for March 29, 2012

| March 29, 2012

Stocks Begin Another Test of Rally Support The S&P 500 index rebounded from early losses to close slightly lower today, holding below recent highs of the rally from October 2011 and beginning another test of uptrend support. Technical indicators are slightly bullish overall on the daily chart, tentatively favoring a continuation of the advance. However, […]

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Short-term Forecast for March 28, 2012

| March 28, 2012

S&P 500 Index Daily Chart Analyses The following technical and cycle analyses provide short-term forecasts for the S&P 500 index. For intermediate-term outlooks see the latest intermediate-term forecast and for long-term outlooks see the latest long-term forecast. Technical Analysis The index closed moderately lower today, retreating further from recent highs and moving down toward support […]

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Confirmed Short-term Signal: Oil Market Cycle Analysis

| March 28, 2012

A cycle high signal was generated today, indicating that the beta high (BH) of the current short-term cycle likely formed yesterday. A move below the last short-term cycle low (STCL) during the beta phase decline would reconfirm left translation and favor additional short-term weakness. Alternatively, a shallow decline followed by an extended alpha phase rally […]

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Confirmed Short-term Signal: Gold Market Cycle Analysis

| March 28, 2012

A cycle high signal was generated today, indicating that the alpha high (AH) of the current short-term cycle likely formed yesterday. A move below the last short-term cycle low (STCL) during the alpha phase decline would reconfirm left translation and favor additional short-term weakness. Alternatively, a shallow decline followed by an extended beta phase rally […]

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Potential Short-term Signal: Stock Market Cycle Analysis

| March 28, 2012

Both cycle analysis price oscillators have experienced bearish crossovers, creating a cycle high setup. A close below 1,392 during the next session would generate a confirmed cycle high signal, indicating that the beta high (BH) may have formed on March 26. An extended beta phase rally would reconfirm right translation and favor additional short-term strength. […]

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Short-term Forecast for March 27, 2012

| March 27, 2012

S&P 500 Index Daily Chart Analyses The following technical and cycle analyses provide short-term forecasts for the S&P 500 index. For intermediate-term outlooks see the latest intermediate-term forecast and for long-term outlooks see the latest long-term forecast. Technical Analysis The index closed slightly lower today, retreating from recent highs of the uptrend from October 2011. […]

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Case-Shiller Home Price Indices Decline to New Secular Bear Market Lows in January

| March 27, 2012

The Case-Shiller home price data for January were released today, showing another broad decline in the 10-city and 20-city composite indices to new lows for the secular downtrend from the bubble peak last decade. Data through January 2012 … showed annual declines of 3.9% and 3.8% for the 10- and 20-City Composites, respectively. Both composites […]

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