Archive for June 4th, 2011

Gold Consolidates near All-time Highs

| June 4, 2011

Gold closed slightly higher this week, holding below recent all-time highs of the secular bull market from 2001. The correction following the last ITCH in April has been shallow, favoring a continuation of the long-term uptrend after the formation of the next ITCL sometime during the next several weeks. The annual cycle following the January […]

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Stock Market Intermediate-term Cycle Scenarios

| June 4, 2011

The S&P 500 index closed sharply lower this week, moving down to a new low for the downtrend from early May. There are two viable scenarios with respect to the development of the current intermediate-term cycle from March. A return to the April long-term high of the cyclical bull market during the next few weeks […]

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Intermediate-term Forecast for June 4, 2011

| June 4, 2011

Stock Weekly Chart Analyses The following technical and cycle 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 Technical Analysis The index closed sharply lower this week, breaking well below support at […]

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