Cycle screening data was stronger on Wednesday and Thursday. 8 of the 9 measures strengthened Thursday. The aggregate measure rebounded, remaining at a very strong level in a pattern of negative divergence versus the new highs in the SPX. Although the negative divergence is a cautionary measure, the uptrend will continue until the aggregate measure…
The post Cycle Screening Data Strengthens was originally published at The Wall Street Examiner. Follow the money!