Archive for June 14th, 2019

Intermediate-term Forecast for June 15, 2019

| June 14, 2019

Stock Market Commentary We are 2 weeks into the rally phase of the intermediate-term cycle that began in early June. Intermediate-term cycle direction is in question. A quick reversal followed by an extended decline phase that moves below the intermediate-term cycle low (ITCL) in December at 2,347 would reconfirm the current bearish trend and forecast […]

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Short-term Forecast for June 14, 2019

| June 14, 2019

Stock Market Commentary We are 9 sessions into the beta phase rally of the short-term cycle¬†that began in May. A quick reversal followed by a move below the last beta low (BL) at 2,728 would reconfirm the current bearish trend and forecast additional short-term weakness. Alternatively, an extended beta phase rally that moves well above […]

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