Stocks markets came under serious pressure last week and many indexes broke below important support levels. The Nasdaq has dropped 236 points in the lunar red period that just ended, making it the worst red period since we started this blog. In the next weeks we have to watch how the market recovers from this,… Continue reading A market in trouble
Author: Dan
Stock trader since 1986.
Method based on proprietary indicators, seasonal patterns and moon cycles.
Key reversal levels for week of October 13, 2014
Our key tables and comments for this week. Click the “Expand” button (bottom right) to watch in full screen mode. If you have any trouble to see the presentation below, then you can also click here. Good luck, Danny
LT wave for October
Another volatile week pulled stock markets down, only to see them rebound strongly by the end of the week. What’s next? As we pointed out last week, the market is at a high risk point. That is still the case here. Last week’s drop has set important lows. If these lows get broken to the… Continue reading LT wave for October
Key reversal levels for week of October 6, 2014
Our key tables and comments for this week. Click the “Expand” button (bottom right) to watch in full screen mode. If you have any trouble to see the presentation below, then you can also click here. Good luck, Danny
Market motor sputtering
After a very volatile week US markets stabilized a bit on Friday. The Nasdaq ended the recent lunar green period with an 80 point loss, making it the weakest green period since January. Is this weakness set to continue in the current lunar red period? Let’s take a look at the S&P 500 chart for… Continue reading Market motor sputtering
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