Archive for June, 2013

Intermediate-term Forecast for June 29, 2013

| June 29, 2013

S&P 500 Index Weekly Chart Analyses The following technical and cycle analyses provide intermediate-term forecasts for the S&P 500 index. For short-term outlooks see the latest short-term forecast and for long-term outlooks see the latest long-term forecast. Technical Analysis The index rebounded from early losses to close moderately higher this week, holding below recent highs […]

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Confirmed Intermediate-term Signal: US Dollar Index Cycle Analysis

| June 29, 2013

A cycle low signal was generated this week, confirming that the latest intermediate-term cycle low (ITCL) formed during the week ending June 14. An extended rally off of the latest ITCL that moves above the last half cycle high (HCH) at 84.60 would reconfirm the current bullish translation and favor additional intermediate-term strength. Alternatively, a […]

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Short-term Forecast for June 28, 2013

| June 28, 2013

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 intermediate-term forecast and for long-term outlooks see the latest long-term forecast. Technical Analysis The index closed moderately lower today, moving down toward recent lows of the downtrend from May […]

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Potential Short-term Signal: Gold Market Cycle Analysis

| June 28, 2013

The advance today has caused both cycle analysis price oscillators to experience bullish crossovers and a bullish engulf pattern has formed on the daily chart. A close above 1,225 today would generate a cycle low signal and indicate that the latest short-term cycle low (STCL) likely formed today. A quick reversal followed by an extended […]

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Short-term Forecast for June 27, 2013

| June 27, 2013

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 intermediate-term forecast and for long-term outlooks see the latest long-term forecast. Technical Analysis The index closed moderately higher again today, reacting further off of recent lows of the downtrend […]

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

| June 27, 2013

A cycle high signal was generated today, indicating that the latest short-term cycle high (STCH) likely formed on June 24. Only a quick move above the stop level at 2.65% would invalidate the signal and suggest that the cycle from early June is still in progress. The early formation of the last alpha low (AL) […]

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Short-term Forecast for June 26, 2013

| June 26, 2013

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 intermediate-term forecast and for long-term outlooks see the latest long-term forecast. Technical Analysis The index closed moderately higher again today, reacting further off of recent lows of the downtrend […]

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Gold Correction Declines at Unsustainable Rate

| June 26, 2013

Gold closed sharply lower today, moving down to a new low for the cyclical downtrend from 2011. As expected, the breakdown of the descending triangle formation last week has been followed by a severe decline during the last five sessions. In September 2011, our cycle analysis predicted the formation of a long-term top in the […]

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Potential Short-term Signal: Stock Market Cycle Analysis

| June 26, 2013

The advance today has caused both cycle analysis price oscillators to experience bullish crossovers and a bullish engulf pattern has formed on the daily chart. A close above 1,601 on the S&P 500 index today would generate a cycle low signal and indicate that the beta low (BL) of the current short-term cycle likely formed […]

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Short-term Forecast for June 25, 2013

| June 25, 2013

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 intermediate-term forecast and for long-term outlooks see the latest long-term forecast. Technical Analysis The index closed moderately higher today, reacting off of recent lows of the downtrend from May. […]

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