Archive for January, 2019

Short-term Forecast for January 31, 2019

| January 31, 2019

Stock Market Commentary We are 2 sessions into the beta phase rally of the¬†short-term cycle that began in December. A quick reversal followed by a move below the last short-term cycle low (STCL) at 2,351 would reconfirm the current bearish trend and forecast additional short-term weakness. Alternatively, an extended beta phase rally that moves well […]

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Short-term Forecast for January 30, 2019

| January 30, 2019

Stock Market Commentary A cycle low signal was generated today, indicating that the beta low (BL) of the short-term cycle that began in December likely formed on January 29. We are 1 session into the beta phase rally of the current short-term cycle. A quick reversal followed by a move below the last short-term cycle […]

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Potential Short-term Signal: Stock Market Cycle Analysis

| January 30, 2019

The advance today has caused both short-term cycle oscillators to experience bullish crossovers and a bullish engulf pattern has formed on the daily chart. A close above 2,665 on the S&P 500 index today would generate a cycle low signal and indicate that the beta low (BL) of the short-term cycle that began in December […]

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Short-term Forecast for January 29, 2019

| January 29, 2019

Stock Market Commentary We are 6 sessions into the alpha phase decline of the current short-term cycle. The magnitude and duration of the last beta phase decline reconfirm the current bearish trend and favor additional weakness heading into the next short-term low in late February. S&P 500 Index Daily Chart Analyses The following technical and […]

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Short-term Forecast for January 28, 2019

| January 28, 2019

Stock Market Commentary We are 5 sessions into the alpha phase decline of the current short-term cycle. The magnitude and duration of the last beta phase decline reconfirm the current bearish trend and favor additional weakness heading into the next short-term low in February. S&P 500 Index Daily Chart Analyses The following technical and cycle […]

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Intermediate-term Forecast for January 26, 2019

| January 26, 2019

Stock Market Commentary We are 5 weeks into the rally phase of the intermediate-term cycle that began in December. The magnitude of the last decline phase signals the likely transition to a bearish trend and favors additional weakness during the next decline phase heading into the intermediate-term low in May or June. S&P 500 Index […]

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Short-term Forecast for January 25, 2019

| January 25, 2019

Stock Market Commentary We are 4 sessions into the alpha phase decline of the current short-term cycle. The magnitude and duration of the last beta phase decline reconfirm the current bearish trend and favor additional weakness heading into the next short-term low in February. S&P 500 Index Daily Chart Analyses The following technical and cycle […]

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Short-term Forecast for January 24, 2019

| January 24, 2019

Stock Market Commentary Although a cycle high signal has not yet been generated, the lack of upward progress during the last 3 sessions indicates that the alpha high (AH) of the short-term cycle that began in December likely formed on January 18. We are 3 sessions into the alpha phase decline of the current short-term […]

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Short-term Forecast for January 23, 2019

| January 23, 2019

Stock Market Commentary We are 19 sessions into the alpha phase rally of the short-term cycle that began in December. The alpha high (AH) of the current cycle is overdue and it could form at any time, if it has not already occurred on January 18. A close below 2,609 on the S&P 500 index […]

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Short-term Forecast for January 22, 2019

| January 22, 2019

Stock Market Commentary We are 18 sessions into the alpha phase rally of the short-term cycle that began in December. A cycle high signal was nearly generated today, indicating that the overdue alpha high (AH) of the current cycle may have formed on January 18. A close below 2,609 on the S&P 500 index during […]

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