US stocks fell to their lowest levels since early July after touching new highs earlier in the week. This is nicely in line with our LT wave chart for August. If the expected pattern pans out then more weakness can be expected after a rally attempt in the next few days. Let’s have a look… Continue reading Market downturn
Author: Dan
Stock trader since 1986.
Method based on proprietary indicators, seasonal patterns and moon cycles.
Outlook for Week of September 12
Outlook for world markets with brief comments for next week. If you have any trouble to see the presentation below, then click here. Click the “Expand” button (bottom right) to watch in full screen mode. * The latest weekly reversal levels for over 2500 stocks and ETF can be found every weekend at http://www.reversallevels.com/. *… Continue reading Outlook for Week of September 12
Still grinding higher
Markets have held very steady and the Nasdaq reached new all time highs yesterday. The S&P 500 is just short of new records. The recent lunar green period ended with a 12 point gain for the Nasdaq and we are now in a new lunar red period. The red periods have been unusually strong so… Continue reading Still grinding higher
Outlook for Week of September 5
Outlook for world markets with brief comments for next week. If you have any trouble to see the presentation below, then click here. Click the “Expand” button (bottom right) to watch in full screen mode. * The latest weekly reversal levels for over 2500 stocks and ETF can be found every weekend at http://www.reversallevels.com/. *… Continue reading Outlook for Week of September 5
LT wave for September
Markets have been trading without any direction recently, and with the end of the month coming up I have postponed my weekly blog post by a few days to get out the new LT wave chart today. When stocks move in such a narrow range there is of course little or no space for the… Continue reading LT wave for September
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