Archive for July 11th, 2013

Potential Intermediate-term Signal: Gold Market Cycle Analysis

| July 11, 2013

The strong advance this week has caused both cycle analysis price oscillators to experience bullish crossovers and a bullish engulf pattern has nearly formed on the weekly chart. A close above 1,297 tomorrow would generate a cycle low signal and indicate that the latest intermediate-term cycle low (ITCL) likely formed during the week ending July […]

Continue Reading

Potential Intermediate-term Signal: US Dollar Index Cycle Analysis

| July 11, 2013

The sharp decline this week has nearly caused both cycle analysis price oscillators to experience bearish crossovers and a bearish engulf pattern has nearly formed on the weekly chart. A close below 82.71 tomorrow would generate a cycle high signal and indicate that a half cycle high (HCH) of the current intermediate-term cycle likely formed […]

Continue Reading

Potential Intermediate-term Signal: 10-year Treasury Note Yield Cycle Analysis

| July 11, 2013

The move lower this week has caused both cycle analysis price oscillators to experience bearish crossovers. A weekly close below 2.52% tomorrow would create a bearish engulf pattern on the weekly chart and generate a cycle high signal, indicating that the latest intermediate-term cycle high (ITCH) likely formed during the week ending July 5. A […]

Continue Reading

Gold Attempts to Form Intermediate-term Low

| July 11, 2013

In late June, our analysis indicated that gold had declined to a level at which technical conditions were conducive to the development of an oversold reaction. Following two weeks of bottoming behavior, gold closed moderately higher today, moving up to a new short-term high for the oversold reaction from June above congestion resistance in the […]

Continue Reading

Short-term Forecast for July 11, 2013

| July 11, 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 sharply higher today, moving up to a marginal new high for the cyclical […]

Continue Reading

Potential Short-term Signal: Oil Market Cycle Analysis

| July 11, 2013

A cycle high setup occurred today, indicating that the beta high (BH) of the current short-term cycle may have formed today. A close below 104.57 during the next session would generate a cycle high signal and indicate that the beta phase decline is likely in progress. The magnitude and duration of the advance off of […]

Continue Reading

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

| July 11, 2013

The decline today has caused both cycle analysis price oscillators to experience bearish crossovers and a bearish engulf pattern has formed on the daily chart. A close below 2.59% today would generate a cycle high signal and indicate that the latest short-term cycle high (STCH) likely formed on July 8. The confirmed formation of the […]

Continue Reading