Stock Market 4-6% Pullback in S&P 500 Possible SoonStock-Markets / Stock Markets 2014May 23, 2014 – 12:00 PM GMTBy: Submissions
Brad Gudgeon writes: The stock market appears to be on the verge of a 4-6% pullback. All the cycles, wave analysis, technical analysis, sentiment and pattern analysis I […]
U.S. GDP growth is expected to be greater than 3% this summer, which would mark the end of a run of mid-year soft patches and potentially open the door for a longer period of growth in the 3% range.If the 10-year U.S. treasury yield can stay under 3.25% this summer against the backdrop of stronger growth, Deutsche Bank strategist David […]
Price continues to move higher, but the breakout is unconvincing. A new high above 6,865.86 would be required to provide confirmation of this trend change at intermediate degree.The target for upwards movement is now 7,345. Click on charts to enlarge.This main wave count expects that FTSE remains within a huge super cycle expanded flat correction. My alternate idea would be […]
Interesting Stock Market JunctureStock-Markets / Stock Markets 2014Mar 29, 2014 – 06:09 PM GMTBy: Tony_Caldaro
The market started the week opening higher, but then took on the character that had started on expiration Friday: sell growth stocks after the opening. During the week the market had three gap up openings, no gap downs, and still ended […]
Stock Market Breaks Head & Shoulders Neckline Stock-Markets / Stock Markets 2014Mar 27, 2014 – 03:09 PM GMTBy: Anthony_Cherniawski
I had thought that there would be another retest of the Broadening Wedge before the SPX resumes its decline. However, the decline has now extended beneath the hourly Cycle Bottom at 1844.15. Since then it has bounced […]
Last analysis looked for the arrival of a second wave correction. The correction was indicated when the channel on the hourly chart was breached. The correction is most likely incomplete. I am now expecting price to move higher to a short term target at 101.76 to 102.21 before a resumption of the downwards trend.Click on charts to enlarge.The daily chart […]
Sunday night so time to be ready for the week ahead. Last week saw the bulls attempted to reassert themselves on what was, prior week, a bearish price candle across many equity indexes with a reasonable score of intra week volatility. By the close of business on Friday the Nasdaq had scored a decent perfect reversal price candle on the […]
Price moved lower as expected. The target was 6,486. Downwards movement reached 6,500 two days ago and has since moved higher. However, a new high above 6,865.86 would be required to provide confirmation of this trend change at intermediate degree.The target for upwards movement is now 7,352. Click on charts to enlarge.This main wave count expects that FTSE remains within […]
Stock Market SPX Pop-N-Drop Appears LikelyStock-Markets / Stock Markets 2014Mar 11, 2014 – 02:59 PM GMTBy: Anthony_Cherniawski
After a flat overnight market, the SPX is bid higher in the Pre-market. It appears that a Minor C or Minute Wave [c] is in progress, with Waves 1-2-3-4 complete. My Model suggests resistance at 1880.63, so we could […]
Aggressive Stock Market Sell Signals AboundStock-Markets / Stock Markets 2014Mar 10, 2014 – 05:40 PM GMTBy: Anthony_Cherniawski
I just came back from juror orientation and will be on call the rest of this week. I will let you know when I get called later this week.The NYHL broke down beneath its prior low and beneath mid-Cycle support […]
