Archive for June 14th, 2011

Confirmed Short-term Signal: Stock Market Cycle Analysis

| June 14, 2011

We are 14 trading days into the cycle following the short-term cycle low (STCL) on May 24. The sharp oversold reaction that we have been expecting occurred today. As a result, both price oscillators experienced bullish crossovers and a bullish engulf pattern formed on the daily chart, generating a cycle low signal that indicates the […]

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Stock Market Short-term Cycle Likely Enters Beta Phase

| June 14, 2011

The S&P 500 index closed sharply higher today, reacting off of recent lows of the violent downtrend from early May. As a result of today’s rebound, both cycle analysis price oscillators experienced bullish crossovers and a bullish engulf pattern formed on the daily chart, generating a cycle low signal. We have been expecting the formation […]

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Short-term Forecast for June 14, 2011

| June 14, 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 sharply higher today, reacting off of recent lows of the […]

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