Archive for May 23rd, 2019

Short-term Forecast for May 23, 2019

| May 23, 2019

Stock Market Commentary A cycle high signal was generated today, indicating that the alpha high (AH) of the current short-term cycle likely formed on May 21. We are 2 sessions into the alpha phase decline of the short-term cycle that began last week. A quick rebound followed by an extended beta phase rally that moves […]

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Potential Short-term Signal: Stock Market Cycle Analysis

| May 23, 2019

The decline today has caused both short-term cycle oscillators to experience bearish crossovers, and a bearish engulf pattern has formed on the daily chart. A close below 2,840 on the S&P 500 index today would generate a cycle high signal and indicate that the alpha high (AH) of the current short-term cycle likely formed on […]

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