Category: Short-term Forecasts
Short-term Forecast for September 23, 2020
Stock Market Commentary We are 6 sessions into the beta phase decline of the cycle that began on August 20. The magnitude of the current beta phase decline signals the likely transition to a bearish short-term trend. S&P 500 Index Daily Chart Analyses The following technical and cycle analyses provide short-term forecasts for the S&P 500 index. For intermediate-term […]
Short-term Forecast for September 22, 2020
Stock Market Commentary We are 5 sessions into the beta phase decline of the cycle that began on August 20. The magnitude of the current beta phase decline signals the likely transition to a bearish short-term trend. S&P 500 Index Daily Chart Analyses The following technical and cycle analyses provide short-term forecasts for the S&P 500 index. For intermediate-term […]
Short-term Forecast for September 21, 2020
Stock Market Commentary The sharp decline today indicates that the beta high (BH) of the current short-term cycle likely formed on September 16. We are 4 sessions into the beta phase decline of the cycle that began on August 20. The magnitude of the current beta phase decline signals the likely transition to a bearish […]
Short-term Forecast for September 18, 2020
Stock Market Commentary We are 6 sessions into the beta phase rally of the short-term cycle that began on August 20. The beta high (BH) of the current cycle may have formed on September 16, although we would need to see additional weakness to confirm that development. An extended beta phase rally that moves up […]
Short-term Forecast for September 17, 2020
Stock Market Commentary We are 5 sessions into the beta phase rally of the short-term cycle that began on August 20. An extended beta phase rally that moves up to new highs would reconfirm the current bullish short-term trend and forecast additional gains. Alternatively, a quick reversal followed by an extended beta phase decline that […]
Short-term Forecast for September 16, 2020
Stock Market Commentary The character of market behavior during the last 4 sessions indicates that the beta low (BL) of the current cycle likely formed on September 11. We are 4 sessions into the beta phase rally of the short-term cycle that began on August 20. An extended beta phase rally that moves up to […]
Short-term Forecast for September 15, 2020
Stock Market Commentary We are 8 sessions into the alpha phase decline of the short-term cycle that began on August 20. The beta low (BL) of the current cycle may have formed on September 11, although we would need to see additional strength to confirm that development. A quick rebound followed by an extended beta […]
Short-term Forecast for September 14, 2020
Stock Market Commentary We are 7 sessions into the alpha phase decline of the short-term cycle that began on August 20. The beta low (BL) of the current cycle may have formed on September 11, although we would need to see additional strength to confirm that development. A quick rebound followed by an extended beta […]
Short-term Forecast for September 11, 2020
Stock Market Commentary We are 6 sessions into the alpha phase decline of the short-term cycle that began on August 20. A quick rebound followed by an extended beta phase rally that moves up to new highs would reconfirm the current bullish short-term trend and forecast additional gains. Alternatively, an extended alpha phase decline that […]
Short-term Forecast for September 10, 2020
Stock Market Commentary We are 5 sessions into the alpha phase decline of the short-term cycle that began on August 20. A quick rebound followed by an extended beta phase rally that moves up to new highs would reconfirm the current bullish short-term trend and forecast additional gains. Alternatively, an extended alpha phase decline that […]