Author Archive: PMI

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Short-term Forecast for December 3, 2020

| December 3, 2020

Stock Market Commentary We are 8 sessions into the beta phase rally of the short-term cycle that began on November 1. The magnitude and duration of the last alpha phase decline signal the likely transition to a bullish short-term trend. S&P 500 Index Daily Chart Analyses The following technical and cycle analyses provide short-term forecasts for the S&P 500 […]

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Short-term Forecast for December 2, 2020

| December 2, 2020

Stock Market Commentary We are 7 sessions into the beta phase rally of the short-term cycle that began on November 1. The magnitude and duration of the last alpha phase decline signal the likely transition to a bullish short-term trend. S&P 500 Index Daily Chart Analyses The following technical and cycle analyses provide short-term forecasts for the S&P 500 […]

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Short-term Forecast for December 1, 2020

| December 1, 2020

Stock Market Commentary We are 6 sessions into the beta phase rally of the short-term cycle that began on November 1. The magnitude and duration of the last alpha phase decline signal the likely transition to a bullish short-term trend. S&P 500 Index Daily Chart Analyses The following technical and cycle analyses provide short-term forecasts for the S&P 500 […]

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Short-term Forecast for November 30, 2020

| November 30, 2020

Stock Market Commentary We are 5 sessions into the beta phase rally of the short-term cycle that began on November 1. The magnitude and duration of the last alpha phase decline signal the likely transition to a bullish short-term trend. S&P 500 Index Daily Chart Analyses The following technical and cycle analyses provide short-term forecasts for the S&P 500 […]

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Intermediate-term Forecast for November 28, 2020

| November 28, 2020

Stock Market Commentary We are 4 weeks into the rally phase of the intermediate-term cycle that began during the week ending November 6. An extended rally phase that moves up to meaningful new highs would reconfirm the current bullish intermediate-term trend and forecast additional gains. Alternatively, a quick reversal followed by an extended decline phase […]

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Short-term Forecast for November 27, 2020

| November 27, 2020

Stock Market Commentary We are 4 sessions into the beta phase rally of the short-term cycle that began on November 1. The magnitude and duration of the last alpha phase decline signal the likely transition to a bullish short-term trend. S&P 500 Index Daily Chart Analyses The following technical and cycle analyses provide short-term forecasts for the S&P 500 […]

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Short-term Forecast for November 25, 2020

| November 25, 2020

Stock Market Commentary We are 3 sessions into the beta phase rally of the short-term cycle that began on November 1. The magnitude and duration of the last alpha phase decline signal the likely transition to a bullish short-term trend. S&P 500 Index Daily Chart Analyses The following technical and cycle analyses provide short-term forecasts for the S&P 500 […]

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Short-term Forecast for November 24, 2020

| November 24, 2020

Stock Market Commentary A cycle low signal was generated today, indicating that the beta low (BL) of the current cycle likely formed on November 20. We are 2 sessions into the beta phase rally of the short-term cycle that began on November 1. The magnitude and duration of the last alpha phase decline signal the […]

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Short-term Forecast for November 23, 2020

| November 23, 2020

Stock Market Commentary We are 5 sessions into the alpha phase decline of the short-term cycle that began on November 1. An extended alpha phase decline that moves below the short-term low in September at 3,226 would reconfirm that current bearish short-term trend and forecast additional losses. Alternatively, a quick rebound followed by an extended […]

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Intermediate-term Forecast for November 21, 2020

| November 20, 2020

Stock Market Commentary We are 5 weeks into the decline phase of the intermediate-term cycle that began during the week ending September 25. An extended decline phase that moves well below the last intermediate-term low at 3,209 would reconfirm the current bearish intermediate-term trend and favors additional losses. Alternatively, a quick rebound followed by an […]

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