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Friday, 27 January 2012

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Gold Moves Above Downtrend Resistance

January 26, 2012   // 0 Comments

Gold closed moderately higher today, moving up to a new high for the oversold reaction from late December and breaking above resistance at the upper boundary of the downtrend from August. Technical indicators continue to strengthen on the daily chart and they are now bullish overall, strongly favoring a continuation of the reaction. With respect to cycle analysis, the two short-term...

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Short-term Forecast for January 26, 2012

January 26, 2012   // 0 Comments

Gold Moves Above Downtrend Resistance Gold closed moderately higher today, moving up to a new high for the oversold reaction from late December and breaking above resistance at the upper boundary of the downtrend from August. Technical indicators continue to strengthen on the daily chart and they are now bullish overall, strongly favoring a continuation of the reaction. With respec...

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Federal Reserve to Hold Rates Exceptionally Low until 2014

January 25, 2012   // 0 Comments

Today, the US Federal Reserve announced that it intends to hold the federal funds rate at "exceptionally low levels" until at least 2014. Information received since the Federal Open Market Committee met in December suggests that the economy has been expanding moderately, notwithstanding some slowing in global growth. While indicators point to some further improvement in overall labor market con...

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Short-term Forecast for January 25, 2012

January 25, 2012   // 0 Comments

Overextended Stock Market Rally Moves Up to New Short-term High The S&P 500 index closed moderately higher today, moving up to another new high for the uptrend from early October. Technical indicators remain moderately bullish overall on the daily chart, favoring a continuation of the rally. However, the advance from mid-December is extremely overextended and overdue for an overbought correct...

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Short-term Forecast for January 24, 2012

January 24, 2012   // 0 Comments

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 outlooks see the latest intermediate-term forecast and for long-term outlooks see the latest long-term forecast. Technical Analysis The index closed near unchanged again today, holding at recent highs of the uptrend from early October ab...

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Potential Short-term Signal: Stock Market Cycle Analysis

January 26, 2012   // 0 Comments

Potential Short-term Signal: 10-year Treasury Note Yield Cycle An ...

January 26, 2012   // 0 Comments

Potential Short-term Signal: Gold Market Cycle Analysis

January 24, 2012   // 0 Comments

Potential Short-term Signal: Stock Market Cycle Analysis

January 24, 2012   // 0 Comments

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