Stock markets kept pushing higher and the recent lunar green period added 121 points to the Nasdaq. Will there be no letup? Of course the market cannot keep climbing without any pullbacks, so we will get a letup and probably sooner rather than later. Lunar cycles have not done well so far this year, but… Continue reading No letup
Author: Dan
Stock trader since 1986.
Method based on proprietary indicators, seasonal patterns and moon cycles.
Outlook for Week of August 8
News: we have set up a new page on Facebook for reversal levels. Just like the page to get our free stuff in your timeline. *** 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)… Continue reading Outlook for Week of August 8
LT wave for August
Another sideways week for US stock markets. That’s strong price action after the recent run-up because usually you would see more give-back. A sideways period after a strong rally is typically followed by higher highs, but other than surprises nothing is ever guaranteed in stock markets. Let’s have a look at the current setup in… Continue reading LT wave for August
Outlook for Week of August 1
News: we have set up a new page on Facebook for reversal levels. Just like the page to get easy access to our daily and weekly free stuff. *** 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”… Continue reading Outlook for Week of August 1
Not an easy path forward
Markets kept up very well last week and stocks are still not in the mood for any pullback. That will obviously change some day, but when? I don’t know how many under water shorts are still waiting for a decent chance to get out, but that could be one of the reasons why this market… Continue reading Not an easy path forward
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