Author Archive: PMI

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Intermediate-term Forecast for March 27, 2021

| March 27, 2021

Stock Market Commentary We are 4 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 March 26, 2021

| March 26, 2021

Stock Market Commentary The strong advance during the last 2 sessions indicates that the latest short-term low likely formed on March 4. We are 2 sessions into the beta phase rally of the short-term cycle that began on March 4. An extended beta phase rally would reconfirm the current bullish short-term trend and forecast additional […]

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Short-term Forecast for March 25, 2021

| March 25, 2021

Stock Market Commentary We are 8 sessions into the beta phase decline of the short-term cycle that began on January 29. A quick rebound followed by an extended alpha phase rally would reconfirm the current bullish short-term trend and forecast additional gains. Alternatively, an extended beta phase decline that returns to the short-term low in […]

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Short-term Forecast for March 24, 2021

| March 24, 2021

Stock Market Commentary We are 7 sessions into the beta phase decline of the short-term cycle that began on January 29. A quick rebound followed by an extended alpha phase rally would reconfirm the current bullish short-term trend and forecast additional gains. Alternatively, an extended beta phase decline that returns to the short-term low in […]

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Short-term Forecast for March 23, 2021

| March 23, 2021

Stock Market Commentary We are 6 sessions into the beta phase decline of the short-term cycle that began on January 29. A quick rebound followed by an extended alpha phase rally would reconfirm the current bullish short-term trend and forecast additional gains. Alternatively, an extended beta phase decline that returns to the short-term low in […]

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Short-term Forecast for March 22, 2021

| March 22, 2021

Stock Market Commentary We are 5 sessions into the beta phase decline of the short-term cycle that began on January 29. A quick rebound followed by an extended alpha phase rally would reconfirm the current bullish short-term trend and forecast additional gains. Alternatively, an extended beta phase decline that returns to the short-term low in […]

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Intermediate-term Forecast for March 20, 2021

| March 20, 2021

Stock Market Commentary We are 25 weeks into the rally phase of the intermediate-term cycle that began during the week ending September 25. The magnitude and duration of the current 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 March 19, 2021

| March 19, 2021

Stock Market Commentary We are 4 sessions into the beta phase decline of the short-term cycle that began on January 29. A quick rebound followed by an extended alpha phase rally would reconfirm the current bullish short-term trend and forecast additional gains. Alternatively, an extended beta phase decline that returns to the short-term low in […]

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Short-term Forecast for March 18, 2021

| March 18, 2021

Stock Market Commentary We are 3 sessions into the beta phase decline of the short-term cycle that began on January 29. A quick rebound followed by an extended alpha phase rally would reconfirm the current bullish short-term trend and forecast additional gains. Alternatively, an extended beta phase decline that returns to the short-term low in […]

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Short-term Forecast for March 17, 2021

| March 17, 2021

Stock Market Commentary We are 9 sessions into the beta phase rally of the short-term cycle that began on January 29. An extended beta phase rally would reconfirm the current bullish short-term trend and forecast additional gains. Alternatively, a quick reversal followed by an extended beta phase decline that moves below the last short-term low […]

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