This week we introduce a small change. Page 2 of our free weekly letter is now covering the weekly reversal levels for major currencies. The daily reversal levels for major stock indexes, gold and EURUSD keep being posted on our Twitter feed as always. Outlook for world markets with brief comments for next week. If… Continue reading Outlook for Week of August 29
Author: Dan
Stock trader since 1986.
Method based on proprietary indicators, seasonal patterns and moon cycles.
Flat trading
Stock went mostly flat for another week and have ended the lunar red period with a 17 point gain for Nasdaq. More often than not sideways price action resumes in the direction of the existing trend, and with a new green period starting we could easily get another push to new highs in the coming… Continue reading Flat trading
Outlook for Week of August 22
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 August 22
Quiet summer trading
Stocks continue their steady march higher, without any letup. Maybe we will see some selling this week, as we continue to be in a lunar red period. But where are the sellers supposed to come from? Investors who have been long probably see no reason to sell. Let’s have a look at the S&P 500:… Continue reading Quiet summer trading
Outlook for Week of August 15
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 August 15