Tag: Casting Shadows

07/31/19 Weekly Re-Lay Alert – Midcycle Adjustment (One-Off??) – “Leading into today’s Fed announcement, technicals were telegraphing the likely outcome.  In contrast, economists and Fed watchers had a slightly different (and more extreme) expectation… The Fed watchers have been repeatedly calling for 2 – 3 rate cuts in 2019 (which is still a possibility).  The technicals said otherwise.  As recently […]

07/27/19 Weekly Re-Lay – “Stock Indices are hovering near their July highs with the NYSE Index signaling another short-term top now and another 3 – 5 day sell-off to follow.  However, since equities will be entering Aug. ’19 – the month projected as the most precarious in 2019 for over two years – a 3 – 5 day sell-off could […]

07/24/19 Weekly Re-Lay Alert – “Stock Indices have consolidated since rallying into mid-month.  Following that peak, the indexes corrected – neutralizing their daily uptrends multiple times but failing to reverse them down (except for the NYA).  That projected a rally back to the highs before an intermediate correction would be possible. Daily trends are again combining with daily cycles to […]

07/20/19 Weekly Re-Lay – “Stock Indices spiked higher into mid-month and then reversed lower, coming on the heels of related (proxy) sell signals in NFLX on July 11/12. At the same time, the DJTA & Russell 2000 continued to vacillate in their weekly 21 High MACs – as those channels flatten and prepare to reverse lower.  That increases the likelihood […]

07/20/19 INSIIDE Track Intra-month Update – Stock Indices rallied into mid-month, peaking on July 15 and reversing lower.  That fulfilled intra-month uptrends and related daily & weekly cycles, ushering in a new correction that had been presaged by decisive signals in multiple ‘proxy stocks’ the week before. The Nasdaq 100 tested and held monthly resistance, while rallying into mid-month, the […]

07/17/19 Weekly Re-Lay Alert – “Stock Indices rallied into mid-month, peaking on July 15 and reversing lower.  That fulfilled intra-month uptrends and some daily & weekly cycles.  The Nasdaq 100 tested and held monthly resistance, while rallying into mid-month, the textbook scenario for an intra-month uptrend.  All the indexes have sold off with the DJIA, ESU & NQU neutralizing their […]

07/13/19 Weekly Re-Lay – “Stock Indices remain positive with key indexes rallying to new highs.  The DJTA fulfilled upside expectations in early-July and came very close to reaching downside targets this past week, before rallying back to its weekly 21 High MAC.  That vacillating action is still indicative of a secondary top formation (also evident in Russell 2K)… Stock Indices […]

07/13/19 INSIIDE Track Intra-Month Update – “Stock Indices remain positive after turning their weekly trends up in late-June, with key stocks and indexes rallying to new highs as many others remain below their late-April/early-May highs (the latest phase of a consistent ~8-month cycle). This comes after the primary indexes corrected into early-June, retesting and holding the high of their 2019 […]

07/11/19 INSIIDE Track Stock Index Update – “Stock Indices remain positive, after turning their weekly trends up in late-June, with key stocks and indexes rallying to new highs as others continue to lag behind.  This comes after the primary indexes corrected into early-June, retesting and holding the high of their 2019 year-opening range – projecting rallies back to their highs […]

07/10/19 Weekly Re-Lay Alert – What Else is Left? – “With respect to interest rates and interest rate futures (Bonds & Notes), the market has been given about all the positive news it can handle.  Since early-Nov. ’18, Bonds & Notes have rallied – bottoming before the final rate hike of mid-Dec. ’19 and well before there was talk of […]