The market went up very nicely last week.
This means we end up with a strong Green Period and the market may be setting up to move higher.
Here is the current chart for the Nasdaq Index (click for larger image):
The uptrend remains intact and we head into lunar Red Period this week, so I am looking for some pause here.
Thanks to last week’s advance the market can give back some of its recent gains without breaking the long term uptrend.
If we can come through the next Red Period strongly, then we will be set up for a break above 2900 next.
If the market turns back down from current levels, then it will potentially create a large head and shoulders pattern on the chart.
But as long as the Nasdaq holds above 2650 this month there is no reason to panic.
We remain in a sideways pattern between 2600 and 2900 since the beginning of the year, and we have to wait till it resolves one way or the other.
Be well, Danny
LunaticTrader Blog 
Hi Danny, You mention as we enter each color of lunar period a likely pattern, as if each color has past patterns? Can you mention what those patterns are or URLs to them? Is there a URL that gives the lunar color period dates?
tnx curt