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Robert McHugh

Robert McHugh

Robert McHugh Ph.D. is President and CEO of Main Line Investors, Inc., a registered investment advisor in the Commonwealth of Pennsylvania.

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Weekend Market Forecasting and Trading Report

Stocks were mixed Thursday, March 24th. The price pattern from July 2015 to December 2015 is nearly identical to the price pattern from December 2015 to March 2016. We show these charts on page 37 in this weekend's report. If this is a predictive analog, it means stocks are topping and about to fall hard for several weeks like we saw from December 2015 through January 2016. The timing of the coming decline will be identified by new Sell signals in our key trend-finder indicators, which remain on Buy signals this weekend. Bearish Divergences continue to grow between major stock index prices and their 10 day average Advance/Decline Line Indicators and our Demand Power measures.

Weekend Market Forecasting and Trading Report

 

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