Did the stock market place a long-term bottom?If so what are the trend possibilities?And what is the near-term trend?The model is showing a near-term critical point.Watch this podcast for insight as to how the market works.Tell others. Thanks!And have a safe weekend.

Did the initial jobless claims report cause buyers to leave the market?An outlook into tomorrow and for the next few weeks.

A business cycle point of view of US GDP trends.

A strong overnight bounce for indices. Is the bull side of fundamentals and technicals really that strong? Still on Critical Point watch.In the news: CNBC survey showed the US needs to spend trillions more to help the economy. And that the economy may not fully recover until 2020.

The model prepares for an important critical point for the major US stock indices.A refocus on poor economic data is underway. Even a White House economic advisor warns of unemployment to rise to levels seen in the Great Depression in the 1930s.

The model tracked the market correctly this week.The near-term forecast remains intact. What-if scenarios are shown in this podcast.Parameters for a clue of trend direction are shown.

Stable crude oil prices and slowing momentum in initial jobless claims caused investors to buy stocks at the start of the day session.A model update that shows a backup forecast -just in case.Have parameters to identify trend bias.

Corn- Weekly export sales did not change the model output.Time for near-term support in price, but what of the overall 2020 bear market?