Archive for April 12th, 2019

Intermediate-term Forecast for April 13, 2019

| April 12, 2019

Stock Market Commentary We are 16 weeks into the rally phase of the intermediate-term cycle that began in December. Intermediate-term cycle direction is in question. A quick reversal followed by a move below the last intermediate-term cycle low (ITCL) at 2,347 would reconfirm the current bearish trend and forecast additional losses. Alternatively, a move well […]

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Short-term Forecast for April 12, 2019

| April 12, 2019

Stock Market Commentary We are 14 sessions into the beta phase rally of the¬†short-term cycle from early March. The beta high (BH) of the current cycle is imminent and it could form at any time. The magnitude and duration of the current beta phase rally reconfirm the current bullish trend and favor additional short-term strength. […]

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