Archive for April 12th, 2012

Short-term Forecast for April 12, 2012

| April 12, 2012

Stock Market Short-term Scenarios The S&P 500 index closed sharply higher today, reacting further off of recent short-term lows of the decline from last week. The strong rebound indicates that the overbought correction from last week was likely the alpha phase decline of the current short-term cycle from early March. Additionally, a cycle low signal […]

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Potential Short-term Signal: Stock Market Cycle Analysis

| April 12, 2012

As a result of the strong rebound today, both cycle analysis price oscillators have nearly experienced bullish crossovers and a bullish engulf pattern has formed on the daily chart. A strong close would generate a confirmed cycle low signal, suggesting that the overbought correction from last week was the alpha phase decline of the current […]

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