Archive for May, 2018

Short-term Forecast for May 31, 2018

| May 31, 2018

Stock Market Commentary The stock market is 7 sessions into the beta phase decline of the short-term cycle that began in early April. The latest short-term cycle low (STCL) may have formed on May 29, although we would need to see additional strength to confirm that development. The violent character of recent moves during the […]

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Short-term Forecast for May 30, 2018

| May 30, 2018

Stock Market Commentary The stock market is 6 sessions into the beta phase decline of the short-term cycle that began in early April. The latest short-term cycle low (STCL) may have formed on May 29, although we would need to see additional strength to confirm that development. The violent character of recent moves during the […]

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Short-term Forecast for May 29, 2018

| May 29, 2018

Stock Market Commentary A cycle high signal was generated today, indicating that the beta high (BH) of the short-term cycle that began in early April likely occurred on May 22. The violent character of recent moves during the past four months suggests that short-term direction remains in question. An extended beta phase decline that moves […]

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Intermediate-term Forecast for May 26, 2018

| May 26, 2018

Stock Market Commentary We are 9 weeks into the second rally phase of the intermediate-term cycle from February. The early formation of the last intermediate-term high below the previous high in January suggests that long-term direction is now in question. An extended rally phase that moves above the January high at 2,873 would reconfirm the […]

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Short-term Forecast for May 25, 2018

| May 25, 2018

Stock Market Commentary The stock market is 16 sessions into the beta phase rally of the short-term cycle that began in early April. The beta high (BH) of the current cycle is imminent and it could form at any time, if it has not already occurred on May 22. The violent character of recent moves […]

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Short-term Forecast for May 24, 2018

| May 24, 2018

Stock Market Commentary The stock market is 15 sessions into the beta phase rally of the short-term cycle that began in early April. The beta high (BH) of the current cycle is imminent and it could form at any time, if it has not already occurred on May 22. The violent character of recent moves […]

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Short-term Forecast for May 23, 2018

| May 23, 2018

Stock Market Commentary The stock market is 14 sessions into the beta phase rally of the short-term cycle that began in early April. The beta high (BH) of the current cycle is imminent and it could form at any time, if it has not already occurred on May 22. The violent character of recent moves […]

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Potential Short-term Signal: Stock Market Cycle Analysis

| May 23, 2018

The decline today has caused both short-term cycle oscillators to experience bearish crossovers, and a bearish engulf pattern has nearly formed on the daily chart. A close below 2,711 on the S&P 500 index today would generate a cycle high signal and indicate that the beta high (BH) of the current short-term cycle likely formed […]

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Short-term Forecast for May 22, 2018

| May 22, 2018

Stock Market Commentary The stock market is 13 sessions into the beta phase rally of the short-term cycle that began in early April. The beta high (BH) of the current cycle is imminent and it could form at any time, if it has not already occurred today. The violent character of recent moves during the […]

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Short-term Forecast for May 21, 2018

| May 21, 2018

Stock Market Commentary The stock market is 12 sessions into the beta phase rally of the short-term cycle that began in early April. The beta high (BH) of the current cycle will likely form sometime during the next 2 sessions. The violent character of recent moves during the past four months suggests that short-term direction […]

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