Author Archive: PMI

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Short-term Forecast for October 20, 2020

| October 20, 2020

Stock Market Commentary We are 6 sessions into the alpha phase decline of the short-term cycle that began on September 24. The magnitude and duration of the last alpha phase rally suggest that short-term direction is in question. An extended alpha phase decline that moves below the last short-term low at 3,226 would reconfirm that […]

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Short-term Forecast for October 19, 2020

| October 19, 2020

Stock Market Commentary We are 5 sessions into the alpha phase decline of the short-term cycle that began on September 24. The magnitude and duration of the last alpha phase rally suggest that short-term direction is in question. An extended alpha phase decline that moves below the last short-term low at 3,226 would reconfirm that […]

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Intermediate-term Forecast for October 17, 2020

| October 16, 2020

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

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Short-term Forecast for October 16, 2020

| October 16, 2020

Stock Market Commentary We are 4 sessions into the alpha phase decline of the short-term cycle that began on September 24. The magnitude and duration of the last alpha phase rally suggest that short-term direction is in question. An extended alpha phase decline that moves below the last short-term low at 3,226 would reconfirm that […]

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Short-term Forecast for October 15, 2020

| October 15, 2020

Stock Market Commentary We are 3 sessions into the alpha phase decline of the short-term cycle that began on September 24. The magnitude and duration of the last alpha phase rally suggest that short-term direction is in question. An extended alpha phase decline that moves below the last short-term low at 3,226 would reconfirm that […]

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Short-term Forecast for October 14, 2020

| October 14, 2020

Stock Market Commentary A cycle high signal was nearly generated today, indicating that the alpha high (AH) of the current short-term cycle likely formed on October 12. We are 2 sessions into the alpha phase decline of the short-term cycle that began on September 24. The magnitude and duration of the last alpha phase rally […]

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Short-term Forecast for October 13, 2020

| October 13, 2020

Stock Market Commentary We are 14 sessions into the alpha phase rally of the short-term cycle that began on September 24. The alpha high (AH) of the current cycle will likely form sometime during the next 2 sessions, if it has not already occurred on October 12. The magnitude and duration of the current alpha […]

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Short-term Forecast for October 12, 2020

| October 12, 2020

Stock Market Commentary We are 13 sessions into the alpha phase rally of the short-term cycle that began on September 24. The alpha high (AH) of the current cycle will likely form sometime during the next 3 sessions. The magnitude and duration of the current alpha phase rally suggests that short-term direction is in question. […]

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Intermediate-term Forecast for October 10, 2020

| October 10, 2020

Stock Market Commentary A cycle low signal was nearly generated this week, indicating that the latest intermediate-term low likely formed during the week ending September 25. We are 2 weeks into the rally phase of the intermediate-term cycle that began during the week ending September 25. A quick reversal followed by a move well below […]

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Short-term Forecast for October 9, 2020

| October 9, 2020

Stock Market Commentary We are 12 sessions into the alpha phase rally of the short-term cycle that began on September 24. The alpha high (AH) of the current cycle will likely form sometime during the next 3 sessions. A quick reversal followed by an extended alpha phase decline that moves down to new lows would […]

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