Is the stock market constructing a space needle pattern on the charts? Cycles remain in gear to the upside for all time frames from 4 weeks to 10-12 months. We have updated price projections for the tops projected for early this summer. But in the short run, look for more foundation building. Don’t let that trick you into thinking that it’s something that it isn’t.
These reports are not investment advice. They are for informational purposes, intended for an audience of investment and trading professionals, and other experienced investors and traders. Chart pick performance changes week to week and past performance may not indicate future results, as you know. Trading involves risk, and these reports assume that you understand those risks and manage them according to your tolerance.