Archive for January 11th, 2012

Short-term Forecast for January 11, 2012

| January 11, 2012

Treasury Yields Continue to Signal Caution The S&P 500 index closed near unchanged today, holding at recent highs of the rally from early October. A slight negative divergence has developed between technical indicators and price behavior, resulting in a slightly bullish condition overall on the daily chart. Additionally, a negative divergence continues to develop between […]

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Confirmed Short-term Signal: 10-year Treasury Note Yield Cycle Analysis

| January 11, 2012

A cycle high signal was generated today, indicating that the corrective phase of the current cycle is likely still in progress. A move below the low in late December would reconfirm left translation and favor additional short-term weakness. Alternatively, a move well above the last STCH during the rally phase of the current cycle would […]

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Treasury Yields Continue to Signal Caution

| January 11, 2012

The S&P 500 index closed near unchanged today, holding at recent highs of the rally from early October. A slight negative divergence has developed between technical indicators and price behavior, resulting in a slightly bullish condition overall on the daily chart. Additionally, a negative divergence continues to develop between stocks and Treasuries. While the S&P […]

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