Archive for June 7th, 2019

Intermediate-term Forecast for June 8, 2019

| June 7, 2019

Stock Market Commentary A cycle low signal was nearly generated this week, indicating that a new intermediate-term cycle has likely begun. We are 1 week into the rally phase of the intermediate-term cycle that began this week. Intermediate-term cycle direction is in question. A quick reversal followed by an extended decline phase that moves below […]

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Short-term Forecast for June 7, 2019

| June 7, 2019

Stock Market Commentary We are 4 sessions into the beta phase rally of the short-term cycle¬†that began in May. A quick reversal followed by a move below the last beta low (BL) at 2,728 would reconfirm the current bearish trend and forecast additional short-term weakness. Alternatively, an extended beta phase rally that moves well above […]

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