Archive for July 31st, 2013

Short-term Forecast for July 31, 2013

| July 31, 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 reversed large early gains to close near unchanged again today, holding below recent highs […]

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Potential Short-term Signal: Stock Market Cycle Analysis

| July 31, 2013

The advance today has caused both short-term cycle price oscillators to experience bullish crossovers and a bullish engulf pattern has formed on the daily chart. A close above 1,699 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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