Archive for August 28th, 2010

A Stock Market on the Edge

| August 28, 2010

Our computer models have been forecasting the likely development of a long-term top in the stock market since early this year. The potential reversal formation that began to take shape in late 2009 exhibits many compelling bearish characteristics and it is now on the verge of a meaningful breakdown. The S&P 500 index closed slightly […]

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Intermediate-term Forecast for August 28, 2010

| August 28, 2010

Stock Weekly Chart Analyses The following weekly chart analyses provide intermediate-term forecasts for the stock markets that we monitor. For short-term outlooks see the latest short-term forecast and for long-term outlooks see the latest long-term forecast. The S&P 500 Index The index closed slightly lower this week, continuing a test of critical congestion support of […]

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