Archive for June 2nd, 2011

Confirmed Short-term Signal: Gold Market Cycle Analysis

| June 2, 2011

We are 4 trading days into the cycle following the short-term cycle low (STCL) on May 26. A cycle high signal was generated today, indicating that the alpha high (AH) likely formed yesterday. A subsequent close well above the recent short-term high near $1,540 would reconfirm the bullish translation of the current cycle and predict […]

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Treasury Yields Form Short-term Cycle Low

| June 2, 2011

The 10-year Treasury note yield moved sharply higher today, reacting off of recent lows of the downtrend from early February. We have been expecting the formation of the alpha low (AL) of the current short-term cycle from early May and today’s rebound signals that the low likely occurred yesterday. The last two cycles have been […]

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Short-term Forecast for June 2, 2011

| June 2, 2011

S&P 500 Index Daily Chart Analyses The following technical and cycle analyses provide short-term forecasts for the S&P 500 index. For intermediate-term outlooks see the latest weekly review, and for long-term outlooks see the latest big picture update. Technical Analysis The S&P 500 index closed near unchanged today, continuing a test of support at the […]

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