Erik McCurdy Blog | Talkmarkets | Page 1
Owner, Prometheus Market Insight
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Erik is the owner and senior market technician for Prometheus Market Insight and has been performing chart analysis since 1995. The software program that he developed to monitor long-term stock market trends has correctly identified 92% of the cyclical turning points in the S&P 500 index ... more

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Short-Term Forecast For Monday, June 1
The S&P 500 index closed moderately higher today, moving up to a new high for the uptrend from March. Technical indicators are moderately bullish overall, favoring a continuation of the advance.
Intermediate-Term Forecast For Saturday, May 30
The following technical and cycle analyses provide intermediate-term forecasts for the S&P 500 index.
Short-Term Forecast For Friday, May 29
The following technical and cycle analyses provide short-term forecasts for the S&P 500 index.
Short-Term Forecast For Thursday, May 28
The S&P 500 index closed slightly lower today, holding near recent highs of the uptrend from March. Technical indicators are moderately bullish overall, favoring a continuation of the advance.
Short-Term Forecast For Wednesday, May 27
The following technical and cycle analyses provide short-term forecasts for the S&P 500 index.
Intermediate-Term Forecast For Friday, May 23
The following technical and cycle analyses provide intermediate-term forecasts for the S&P 500 index.
Short-Term Forecast For Friday, May 22
The S&P 500 index closed slightly higher today, holding near recent highs of the uptrend from March. Technical indicators are slightly bullish overall, tentatively favoring a continuation of the advance.
Short-Term Forecast For Wednesday, May 20
The following technical and cycle analyses provide short-term forecasts for the S&P 500 index.
Short-Term Forecast For Friday, May 15
The following technical and cycle analyses provide short-term forecasts for the S&P 500 index.
Short-Term Forecast For Thursday, May 14
The S&P 500 index closed moderately higher today, moving up toward previous highs of the uptrend from March. Technical indicators are effectively neutral overall, suggesting that direction is in question.
Short-Term Forecast For Wednesday, May 13
A cycle high signal was generated today, indicating that the beta high (BH) of the current short-term cycle likely formed on May 12. We are 2 sessions into the beta phase decline of the short-term cycle that began on March 24.
Short-Term Forecast For Tuesday, May 12
The following technical and cycle analyses provide short-term forecasts for the S&P 500 index.
Short-Term Forecast For Monday, May 11
The following technical and cycle analyses provide short-term forecasts for the S&P 500 index.
Short-Term Forecast For Thursday, May 7
The S&P 500 index closed moderately higher today, moving up toward previous highs of the uptrend from March. Technical indicators are slightly bullish overall, tentatively favoring a continuation of the advance.
Short-Term Forecast For Wednesday, May 6
The following technical and cycle analyses provide short-term forecasts for the S&P 500 index.
Short-Term Forecast For Tuesday, May 5
The S&P 500 index closed moderately higher today, moving up toward previous highs of the uptrend from March. Technical indicators are slightly bullish overall, tentatively favoring a continuation of the advance.
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