Potential Short-term Signal: Stock Market Cycle Analysis

| January 28, 2013

A cycle high setup occurred today, indicating that the overdue alpha high (AH) of the current short-term cycle may have formed during the previous session. A close below 1,492 during the next session would generate a cycle high signal and indicate that the alpha phase decline is likely in progress.

The magnitude and duration of the alpha phase rally reconfirms the current bullish translation and favors additional short-term strength.

Category: Signals, Stocks


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