Archive for July, 2018

Short-term Forecast for July 31, 2018

| July 31, 2018

Stock Market Commentary We are 4 sessions into the alpha phase decline of the short-term cycle from late June. The magnitude and duration of the last alpha phase rally reconfirms the current bullish translation and favors additional short-term gains. S&P 500 Index Daily Chart Analyses The following technical and cycle analyses provide short-term forecasts for […]

Continue Reading

Short-term Forecast for July 30, 2017

| July 30, 2018

Stock Market Commentary A cycle high signal was generated today, indicating that a short-term cycle high likely formed on July 25. Additionally, the magnitude of the decline during the last 2 sessions indicates that the alpha phase decline is likely in progress. We are 3 sessions into the alpha phase decline of the short-term cycle […]

Continue Reading

Intermediate-term Forecast for July 28, 2018

| July 28, 2018

Stock Market Commentary We are 4 weeks into the rally phase of the intermediate-term cycle from late June. Long-term direction remains in question. An extended rally phase that moves above the January high at 2,873 would reconfirm the long-term uptrend and forecast additional gains. However, a quick reversal followed by an extended decline phase that […]

Continue Reading

Short-term Forecast for July 27, 2018

| July 27, 2018

Stock Market Commentary We are 5 sessions into the beta phase rally of the short-term cycle from late June. A cycle high setup occurred today, suggesting that the beta high (BH) of the current cycle may have formed on July 25. A close below 2,817 on the S&P 500 index during the next session would […]

Continue Reading

Short-term Forecast for July 26, 2018

| July 26, 2018

Stock Market Commentary We are 4 sessions into the beta phase rally of the short-term cycle from late June. The magnitude of the current beta phase rally reconfirms the current bullish translation and favors additional short-term gains. S&P 500 Index Daily Chart Analyses The following technical and cycle analyses provide short-term forecasts for the S&P […]

Continue Reading

Short-term Forecast for July 25, 2018

| July 25, 2018

Stock Market Commentary We are 3 sessions into the beta phase rally of the short-term cycle from late June. The magnitude of the current beta phase rally reconfirms the current bullish translation and favors additional short-term gains. S&P 500 Index Daily Chart Analyses The following technical and cycle analyses provide short-term forecasts for the S&P […]

Continue Reading

Short-term Forecast for July 24, 2018

| July 24, 2018

Stock Market Commentary A cycle low signal was nearly generated today, indicating that the latest short-term cycle likely began in late June. Additionally, the brief magnitude and duration of the alpha phase decline of the current cycle signals the likely transition to a bullish cycle character. A close well above current levels would reconfirm the […]

Continue Reading

Short-term Forecast for July 23, 2018

| July 23, 2018

Stock Market Commentary We are 17 sessions into the beta phase rally of the short-term cycle from late May. A cycle high setup occurred July 20, suggesting that the beta high (BH) of the current cycle may have formed on July 18. A close below 2,789 during the next session would generate a cycle high […]

Continue Reading

Intermediate-term Forecast for July 21, 2018

| July 21, 2018

Stock Market Commentary We are 3 weeks into the rally phase of the intermediate-term cycle from late June. Long-term direction remains in question. An extended rally phase that moves above the January high at 2,873 would reconfirm the long-term uptrend and forecast additional gains. However, a quick reversal followed by an extended decline phase that […]

Continue Reading

Short-term Forecast for July 20, 2018

| July 20, 2018

Stock Market Commentary We are 16 sessions into the beta phase rally of the short-term cycle from late May. A cycle high setup occurred today, suggesting that the beta high (BH) of the current cycle may have formed on July 18. A close below 2,789 during the next session would generate a cycle high signal […]

Continue Reading