Category: Short-term Forecasts
Short-term Forecast for May 22, 2020
Stock Market Commentary We are 7 sessions into the alpha phase rally of the short-term cycle that began on May 14. A quick reversal followed by an extended alpha phase decline that moves well below the last short-term cycle low (STCL) at 2,766 would reconfirm the current bearish trend and forecast additional losses. Alternatively, an […]
Short-term Forecast for May 21, 2020
Stock Market Commentary We are 6 sessions into the alpha phase rally of the short-term cycle that began on May 14. A quick reversal followed by an extended alpha phase decline that moves well below the last short-term cycle low (STCL) at 2,766 would reconfirm the current bearish trend and forecast additional losses. Alternatively, an […]
Short-term Forecast for May 20, 2020
Stock Market Commentary We are 5 sessions into the alpha phase rally of the short-term cycle that began on May 14. A quick reversal followed by an extended alpha phase decline that moves well below the last short-term cycle low (STCL) at 2,766 would reconfirm the current bearish trend and forecast additional losses. Alternatively, an […]
Short-term Forecast for May 19, 2020
Stock Market Commentary We are 4 sessions into the alpha phase rally of the short-term cycle that began on May 14. A quick reversal followed by an extended alpha phase decline that moves well below the last short-term cycle low (STCL) at 2,766 would reconfirm the current bearish trend and forecast additional losses. Alternatively, an […]
Short-term Forecast for May 18, 2020
Stock Market Commentary We are 5 sessions into the beta phase decline of the short-term cycle that began on March 24. A cycle low signal was generated today, indicating that the latest short-term cycle low (STCL) may have formed on May 14. Only a quick move below the stop level at 2,794 would invalidate the […]
Short-term Forecast for May 15, 2020
Stock Market Commentary We are 4 sessions into the beta phase decline of the short-term cycle that began on March 24. An extended beta phase decline that moves below the last short-term cycle low (STCL) at 2,191 would reconfirm the current bearish trend and forecast additional losses. Alternatively, a quick rebound followed by an extended […]
Short-term Forecast for May 14, 2020
Stock Market Commentary We are 3 sessions into the beta phase decline of the short-term cycle that began on March 24. An extended beta phase decline that moves below the last short-term cycle low (STCL) at 2,191 would reconfirm the current bearish trend and forecast additional losses. Alternatively, a quick rebound followed by an extended […]
Short-term Forecast for May 13, 2020
Stock Market Commentary A cycle high signal was generated today, indicating that the beta high (BH) of the current short-term cycle likely formed on May 12. We are 2 sessions into the beta phase decline of the short-term cycle that began on March 24. An extended beta phase decline that moves below the last short-term […]
Short-term Forecast for May 12, 2020
Stock Market Commentary We are 15 sessions into the beta phase rally of the short-term cycle that began on March 24. The beta high (BH) of the current cycle is overdue and it could form at any time, if it has not already occurred today. An extended beta phase decline that moves below the last […]
Short-term Forecast for May 11, 2020
Stock Market Commentary We are 14 sessions into the beta phase rally of the short-term cycle that began on March 24. The beta high (BH) of the current cycle is imminent and it could form at any time. An extended beta phase decline that moves below the last short-term cycle low (STCL) at 2,191 would […]