Potential Short-term Signal: Stock Market Cycle Analysis

| January 30, 2013

A cycle high setup occurred today, indicating that the beta high (BH) of the current short-term cycle may have formed during the previous session. A close below 1,494 during the next session would generate a cycle high signal and indicate that the beta phase decline is likely in progress.

The magnitude of the rebound off of the last short-term cycle low (STCL) reconfirms the current bullish translation and favors additional short-term strength.

Category: Signals, Stocks

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