Stock Market: Early-June High Fulfilled; Mid-June (Multi-Month?) Low Likely

06/11/22 Weekly Re-Lay – “Stock indices have sold off after fulfilling projections for a rally into May 27 and then June 3.  That created the early-June peak that was forecast for equities and turned focus to late-June/ early-July ’22 for the next peak.  Weekly trends & 21 MACs signaled an initial top and stock indexes would ideally set subsequent lows on June 13/14… Stock […]

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Stock Market: Russell 2K Holding ~1710/QR Target/Support; Early-June High Likely.

05/28/22 Weekly Re-Lay – “Stock indices have rallied strongly after reaching multi-month downside  targets and setting a pair of divergent lows on May 12 & May 20.  That created the ideal setup for a new 1 – 2 month bottom after stocks matched previous declines and adhered to the 2-Year Cycle (portending a low on May 19).  Price action is validating this and could […]

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Stock Market: Russell 2K Holding Major (6 – 12 Month) Downside Target at 1710/QR.

05/25/22 Weekly Re-Lay Alert – “Stock indices are slowly generating signs of an intermediate low after plunging from cycle highs on April 19 – 21 and subsequently fulfilling multiple downside targets in May. Equities have again created a divergent bottom (May 12 & May 20 lows) with the Russell 2000, S+P Midcap 400 and some others remaining above their May 12 lows […]

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Stock Market: Russell 2K Attacks/Holds Major (6 – 12 Month) Target at 1710/QR.

05/21/22 Weekly Re-Lay – “Stock indices have fulfilled multiple downside targets after plunging from cycle highs on April 19 – 21.  They have initially created a divergent bottom (May 12 & May 20 lows) after most indexes matched the duration of their three previous, successive declines while attacking multi-month downside range targets… Stock Indices are creating the kind of divergent low, on […]

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Stock Market: Russell 2K Reaches Major (6 – 12 Month) Target at 1710/QR.

05/18/22 Weekly Re-Lay Alert – “Over the past two years, since the March ’20 meltdown in stocks, equities have moved with a little more divergence than what preceded that time frame.  That became more pronounced following early-May ’21 – the time when an initial (divergent) peak was forecast for many stocks, fulfilling the then-latest phases of both the 8-Month & 16-Month Cycles. The subsequent 6 months (180 […]

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Stock Decline; Russell 2K Hits 1710 (6 – 12 Month) Target.

05/14/22 Weekly Re-Lay – “Stock indices have plunged after fulfilling projections for a divergent peak on April 19 – 21.  That ushered in a new ~3-week decline with most indexes matching the duration of their three previous, successive declines.  Reinforcing that, several indexes attacked downside range targets and monthly support levels at their lows – creating the ideal setup for a new […]

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Stocks Reach Date of Aggression & DJIA Cycle Highs (April 19 – 21).

04/20/22 Weekly Re-Lay Alert – “Stock Indices are rallying with the DJIA on track to retest and exceed its March 29 high (35,369/DJIA) by/on April 22… would fulfill the 14 – 15-week Cycle Progression that has been in force (see above).  Once again, that high could easily be a divergent one… Many stocks and indexes were expected to create spike lows (new intra-month lows) to […]

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Stocks Nearing Date of Aggression & DJIA Cycle Highs (April 19 – 21).

04/16/22 Weekly Re-Lay – “Stock Indices remain in divergence as the DJIA is constructive – on a 2 – 4 week basis – while most other indexes are negative after peaking in late-March and triggering weekly trend sell signals. Since their late-March highs, and their failure to turn the weekly trends up after multiple neutral signals, indexes like the DJTA, Russell 2000 & […]

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