Not much has changed since we looked at the S&P 500 a few weeks ago. The market continues to chop around in a narrow sideways range and the Dow still hasn’t made it above the 20k barrier: The bearish divergence in my Earl indicator continues to be in place and the slower Earl2 continues to… Continue reading Indecision continues
Author: Dan
Stock trader since 1986.
Method based on proprietary indicators, seasonal patterns and moon cycles.
Outlook for week of January 23
Outlook for world markets with brief comments for next week. Click the “Expand” button (bottom right) to watch in full screen mode. If you have any trouble to see the presentation below, then click here. For shorter term trading and more optimal entries there are daily reversal levels, which are available by monthly subscription. Comes… Continue reading Outlook for week of January 23
Hesitating to go higher
The S&P 500 keeps going sideways while the Nasdaq is setting a string of new all time highs. The market is probably trying to make up its mind here, burst higher or start a correction? The first lunar red period of the year ended with a 191 point gain for the Nasdaq, see Performance. The… Continue reading Hesitating to go higher
Outlook for Week of January 16
Outlook for world markets with brief comments for next week. Click the “Expand” button (bottom right) to watch in full screen mode. If you have any trouble to see the presentation below, then click here. For shorter term trading and more optimal entries there are daily reversal levels, which are available by monthly subscription. Comes… Continue reading Outlook for Week of January 16
Why Dow 20k matters
Stocks have been trading rather flat in recent weeks, and several attempts for the Dow to get above the 20k milestone have come up short. More on that later in this article. First, let’s have a look at the current situation in the S&P 500: A few weeks ago we observed how stocks needed to… Continue reading Why Dow 20k matters
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