Tag: DJTA

07/10/24 Alert – Intra-Month Trends, 17-Year Cycle & Gold Finale – “The current week is a classic convergence, or collision, of short-term, intermediate-term, and longer-term cycles in many markets. The two primary drivers of short-term analysis are the daily trends and intra-month trends. While there remains wide divergence in individual Stock Index action and analysis, the S+P 500 & NQ-100 provide another prime example of the application of these […]

07/06/24 – “Stock indexes remain on two divergent paths with the stronger indexes (S+P 500 & NQ-100) rallying into July 2024 and fulfilling a number of cycles and cycle analogs (i.e 17-Year Cycle and intra-year action of 2007).  Similar to 2007, they could see an overall correction into August 2024… Stock indexes provided new divergent signals as the S+P 500 & NQ-100 turned their new intra-month trends up […]

07/05/24 – “Stock indexes provided new divergent signals as the S+P 500 & NQ-100 turned their new intra-month trends up while the DJIA, DJTA & Russell 2000 remain neutral.  In contrast, the S+P Midcap 400 turned its new intra-month trend down. With all of this continuing divergence, it is critical to review the broader outlook… The 17-Year Cycle In 2023 and early-2024, INSIIDE Track reiterated […]

07/03/24 – “Stock indexes remain mixed with the potential for a new sell-off in July.  Before addressing what appears most likely for the coming weeks, it is important to deal with what has not unfolded in line with expectations… and what it may reveal about the future. The most obvious is the growing disparity between the stronger indexes (S+P 500 & NQ-100) and […]

06/29/24 – “Stock indexes remain mixed with the potential for a new sell-off in July… An initial low – in the coming week – would corroborate that potential. More important are diverse price indicators & targets…With NVDA peaking at upside targets (133.50 – 142.75) and in sync with its ~44-week low-low-(high; June 17 – 24, 2024) Cycle Progression – while completing successive rallies of equal […]

06/26/24 – “Stock indexes remain mixed as they trade through a vulnerable period… The weaker indexes continue to fulfill the outlook for a type of ‘c’ wave decline from their mid-May ’24 peaks as the S+P 500 & NQ-100 remain in positive territory… thanks to a handful of stocks. The primary one of those stocks – NVDA – fulfilled upside price & timing […]

07/22/24 – “Stock Indices are whipping in both directions with the small caps surging into mid-July ’24 cycles, after fulfilling their June ’24 cycle lows, as the NQ-100 fulfilled the contrasting outlook for a quick, sharp drop… (as part of what could be a larger correction into mid-August ’24) after fulfilling July ’24 cycle highs. This type of divergence is expected to […]

06/22/24 – “Stock indexes remain on divergent tracks with NVDA (a key ‘proxy stock’ that fulfilled upside price & timing targets this past week) helping to spur over a third of the S+P 500’s gains while hundreds of other stocks steadily reverse lower. This disparity could stretch into 4Q 2024 – when the 17-Year Cycle anticipates a final peak in the stronger indexes. In […]

06/20/24 – “Stock indexes began the week with some follow-through buying, fulfilling the intra-month uptrends in the stronger indexes while weaker indexes – like the Russell 2000 & S+P Midcap 400 – traced out a textbook daily 21 MAC reversal sequence with each of them bouncing to their declining daily 21 Low MACs (after recently spiking up to their declining daily 21 High MACs) and reversing […]

06/19/24 – “Stock indexes began the week with some follow-through buying, fulfilling the intra-month uptrends in the stronger indexes while having the weaker indexes (DJTA, Russell 2000 & S+P Midcap 400) perpetuate a textbook daily 21 MAC reversal sequence – with each of them bouncing to their declining daily 21 Low MACs (after recently spiking up to their declining daily 21 High MACs and reversing lower) […]