Here’s How To Read A Short Term Cycle Screening Measure Bucking The Trend - InvestingChannel

Here’s How To Read A Short Term Cycle Screening Measure Bucking The Trend

Cycle screening measures were weaker on Monday, sending the aggregate measure below the level of the last 4 minor lows. This establishes a bearish intermediate pattern of lower highs and lower lows. All 3 current status measures are on the sell side and weakening, which is a strongly bearish combination. 5 of the 6 new…