Author Archive: PMI

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Short-term Forecast for November 22, 2019

| November 22, 2019

Stock Market Commentary We are 4 sessions into the beta phase decline of the short-term cycle that began in early October. The magnitude and duration of the last beta phase rally signal the likely transition to a bullish short-term trend and favor additional strength during the next rally phase. S&P 500 Index Daily Chart Analyses […]

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Short-term Forecast for November 21, 201

| November 21, 2019

Stock Market Commentary We are 3 sessions into the beta phase decline of the short-term cycle that began in early October. The magnitude and duration of the last beta phase rally signal the likely transition to a bullish short-term trend and favor additional strength during the next rally phase. S&P 500 Index Daily Chart Analyses […]

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Short-term Forecast for November 20, 2019

| November 20, 2019

Stock Market Commentary We are 21 sessions into the beta phase rally of the short-term cycle that began in early October. The beta high (BH) of the current cycle is overdue and it could form at any time. The magnitude and duration of the current beta phase rally signal the likely transition to a bullish […]

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Short-term Forecast for November 19, 2019

| November 19, 2019

Stock Market Commentary We are 20 sessions into the beta phase rally of the short-term cycle that began in early October. The beta high (BH) of the current cycle is overdue and it could form at any time. The magnitude and duration of the current beta phase rally signal the likely transition to a bullish […]

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Short-term Forecast for November 18, 2019

| November 18, 2019

Stock Market Commentary We are 19 sessions into the beta phase rally of the short-term cycle that began in early October. The beta high (BH) of the current cycle is overdue and it could form at any time. The magnitude and duration of the current beta phase rally signal the likely transition to a bullish […]

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Intermediate-term Forecast for November 16, 2019

| November 15, 2019

Stock Market Commentary We are 6 weeks into the second rally phase of the intermediate-term cycle that began in August. The move up to new highs reconfirms the current bullish trend and favors additional intermediate-term strength. S&P 500 Index Weekly Chart Analyses The following technical and cycle analyses provide intermediate-term forecasts for the S&P 500 […]

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Short-term Forecast for November 15, 2019

| November 15, 2019

Stock Market Commentary We are 18 sessions into the beta phase rally of the short-term cycle that began in early October. The beta high (BH) of the current cycle is overdue and it could form at any time. The magnitude and duration of the current beta phase rally signal the likely transition to a bullish […]

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Short-term Forecast for November 14, 2019

| November 14, 2019

Stock Market Commentary We are 17 sessions into the beta phase rally of the short-term cycle that began in early October. The beta high (BH) of the current cycle is overdue and it could form at any time. The magnitude and duration of the current beta phase rally signal the likely transition to a bullish […]

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Short-term Forecast for November 13, 2019

| November 13, 2019

Stock Market Commentary The duration of the advance from October indicates that the beta phase rally of the current short-term cycle is likely in progress. We are 16 sessions into the beta phase rally of the short-term cycle that began in early October. The beta high (BH) of the current cycle is overdue and it […]

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Short-term Forecast for November 12, 2019

| November 12, 2019

Stock Market Commentary We are 29 sessions into the alpha phase rally of the short-term cycle that began in early October. The alpha high (AH) of the current cycle is overdue and it could form at any time. The magnitude and duration of the current alpha phase rally signal the likely transition to a bullish […]

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