Author Archive: PMI

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Short-Term Forecast for April 30, 2021

| April 30, 2021

Stock Market Commentary We are 8 sessions into the beta phase rally of the short-term cycle that began on March 25. The beta high (BH) of the current cycle may have formed on April 29, although we would need to see additional weakness during the next session to confirm that development. The magnitude and duration […]

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Short-Term Forecast for April 29, 2021

| April 29, 2021

Stock Market Commentary We are 7 sessions into the beta phase rally of the short-term cycle that began on March 25. The magnitude and duration of the last alpha phase rally reconfirm the current bullish short-term trend and forecast additional gains. S&P 500 Index Daily Chart Analyses The following technical and cycle analyses provide short-term forecasts for the S&P […]

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Short-Term Forecast for April 28, 2021

| April 28, 2021

Stock Market Commentary We are 6 sessions into the beta phase rally of the short-term cycle that began on March 25. The magnitude and duration of the last alpha phase rally reconfirm the current bullish short-term trend and forecast additional gains. S&P 500 Index Daily Chart Analyses The following technical and cycle analyses provide short-term forecasts for the S&P […]

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Short-Term Forecast for April 27, 2021

| April 27, 2021

Stock Market Commentary We are 7 sessions into the beta phase decline of the short-term cycle that began on March 4. The magnitude and duration of the last beta phase rally reconfirm the current bullish short-term trend and forecast additional gains. S&P 500 Index Daily Chart Analyses The following technical and cycle analyses provide short-term forecasts for the S&P […]

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Short-Term Forecast for April 26, 2021

| April 26, 2021

Stock Market Commentary We are 6 sessions into the beta phase decline of the short-term cycle that began on March 4. The magnitude and duration of the last beta phase rally reconfirm the current bullish short-term trend and forecast additional gains. S&P 500 Index Daily Chart Analyses The following technical and cycle analyses provide short-term forecasts for the S&P […]

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Intermediate-Term Forecast for April 24, 2021

| April 24, 2021

Stock Market Commentary We are 8 weeks into the rally phase of the intermediate-term cycle that began during the week ending March 5. The magnitude and duration of the previous rally phase reconfirm the current bullish intermediate-term trend and forecast additional gains. S&P 500 Index Weekly Chart Analyses The following technical and cycle analyses provide […]

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Short-Term Forecast for April 23, 2021

| April 23, 2021

Stock Market Commentary We are 5 sessions into the beta phase decline of the short-term cycle that began on March 4. The magnitude and duration of the last beta phase rally reconfirm the current bullish short-term trend and forecast additional gains. S&P 500 Index Daily Chart Analyses The following technical and cycle analyses provide short-term forecasts for the S&P […]

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Short-Term Forecast for April 22, 2021

| April 22, 2021

Stock Market Commentary We are 4 sessions into the beta phase decline of the short-term cycle that began on March 4. The magnitude and duration of the last beta phase rally reconfirm the current bullish short-term trend and forecast additional gains. S&P 500 Index Daily Chart Analyses The following technical and cycle analyses provide short-term forecasts for the S&P […]

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Short-Term Forecast for April 21, 2021

| April 21, 2021

Stock Market Commentary We are 3 sessions into the beta phase decline of the short-term cycle that began on March 4. The magnitude and duration of the last beta phase rally reconfirm the current bullish short-term trend and forecast additional gains. S&P 500 Index Daily Chart Analyses The following technical and cycle analyses provide short-term forecasts for the S&P […]

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Short-Term Forecast for April 20, 2021

| April 20, 2021

Stock Market Commentary A cycle high signal was nearly generated today, indicating that the beta high (BH) of the current cycle likely formed on April 16. We are 2 sessions into the beta phase decline of the short-term cycle that began on March 4. The magnitude and duration of the last beta phase rally reconfirm […]

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