December09 – week2

Stocks did hit a multi-day low on Friday.

If you took the trade then keep a tight stop-loss just below Friday’s low, near 1096 on the S&P500.

Look for an upward bias this week, but Thursday or Friday could produce a sudden setback.

Lunar events this week:

Friday 11th: Lunar Latitude cycle bottoms

Good Luck,  Danny Vdb

Dan's avatar

By Dan

Stock trader since 1986. Method based on proprietary indicators, seasonal patterns and moon cycles.

2 comments

  1. Hi Danny, What is th emeaning of “Friday 11th: Lunar Latitude cycle bottoms”? Are we expecting the market to turn upwards?

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