Archive for July 5th, 2019

Intermediate-term Forecast for July 6, 2019

| July 5, 2019

Stock Market Commentary We are 5 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 July 5, 2019

| July 5, 2019

Stock Market Commentary We are 6 sessions into the beta phase rally of the¬†short-term cycle that began in early June. The move well above the alpha high (AH) of the current cycle during the beta phase rally signals the likely transition to a bullish trend and forecasts additional short-term strength. S&P 500 Index Daily Chart […]

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