Author Archive: PMI

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Short-term Forecast for March 27, 2020

| March 27, 2020

Stock Market Commentary We are 4 sessions into the alpha phase rally of the short-term cycle that began on March 24. The magnitude and duration of the last beta phase decline reconfirm the current bearish short-term trend and favor additional short-term weakness during the next decline phase. S&P 500 Index Daily Chart Analyses The following technical and cycle analyses […]

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Short-term Forecast for March 26, 2020

| March 26, 2020

Stock Market Commentary We are 3 sessions into the alpha phase rally of the short-term cycle that began on March 24. The magnitude and duration of the last beta phase decline reconfirm the current bearish short-term trend and favor additional short-term weakness during the next decline phase. S&P 500 Index Daily Chart Analyses The following technical and cycle analyses […]

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Short-term Forecast for March 25, 2020

| March 25, 2020

Stock Market Commentary We are 2 sessions into the alpha phase rally of the short-term cycle that began on March 24. The magnitude and duration of the last beta phase decline reconfirm the current bearish short-term trend and favor additional short-term weakness during the next decline phase. S&P 500 Index Daily Chart Analyses The following technical and cycle analyses […]

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Short-term Forecast for March 24, 2020

| March 24, 2020

Stock Market Commentary A cycle low signal was generated today, indicating that a new short-term cycle has likely begun. We are 1 session into the alpha phase rally of the short-term cycle that began today. The magnitude and duration of the last beta phase decline reconfirm the current bearish short-term trend and favor additional short-term […]

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Short-term Forecast for March 23, 2020

| March 23, 2020

Stock Market Commentary We are 13 sessions into the beta phase decline of the short-term cycle that began on February 3. A cycle low setup occurred on March 18, suggesting that the latest short-term cycle low (STCL) could form at any time. A close above 2,437 on the S&P 500 index during the next session […]

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Intermediate-term Forecast for March 21, 2020

| March 20, 2020

Stock Market Commentary We are 5 weeks into the decline phase of the intermediate-term cycle that began in October. The latest intermediate-term low is imminent, and it could form at any time. The magnitude of the current decline phase signals the likely transition to a bearish intermediate-term trend and favors additional losses during the next […]

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Short-term Forecast for March 20, 2020

| March 20, 2020

Stock Market Commentary We are 12 sessions into the beta phase decline of the short-term cycle that began on February 3. A cycle low setup occurred on March 18, suggesting that the latest short-term cycle low (STCL) could form at any time. A close above 2,437 on the S&P 500 index during the next session […]

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Short-term Forecast for March 19, 2020

| March 19, 2020

Stock Market Commentary We are 11 sessions into the beta phase decline of the short-term cycle that began on February 3. A cycle low setup occurred on March 18, suggesting that the latest short-term cycle low (STCL) may have formed on March 18. A close above 2,529 on the S&P 500 index during the next […]

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Short-term Forecast for March 18, 2020

| March 18, 2020

Stock Market Commentary We are 10 sessions into the beta phase decline of the short-term cycle that began on February 3. A cycle low setup occurred today, suggesting that the latest short-term cycle low (STCL) may have formed today. A close above 2,529 on the S&P 500 index during the next session would generate a […]

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Short-term Forecast for March 17, 2020

| March 17, 2020

Stock Market Commentary We are 9 sessions into the beta phase decline of the short-term cycle that began on February 3. The latest short-term cycle low (STCL) may have formed on March 16, although we would need to see additional strength to confirm that development. The magnitude of the current beta phase decline reconfirms the […]

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