Markets took a serious dip last week and rebounded equally quickly on the back of political noise. I prefer not to listen to the news too much, because one day it worries investors only to elate them the next, each time putting them on the wrong foot. That’s why I rarely every comment on news… Continue reading Correction is not over
Author: Dan
Stock trader since 1986.
Method based on proprietary indicators, seasonal patterns and moon cycles.
Key reversal levels for week of October 13, 2013
Our key reversal levels going into next week: Current Status Key (W) MoM (W) Mode Key (D) MoM (D) Nasdaq 3791.87 BULL S: 3532.05 6.44 (6.85) RALLY * S: 3728.44 -1.66 (-1.65) S&P 500 1703.20 BULL S: 1625.80 2.69 (2.77) RALLY * S: 1674.44 -4.93 (-5.84) Nikkei 14404.74 BULL S: 13111 2.30 (2.67) RALLY *… Continue reading Key reversal levels for week of October 13, 2013
Questioning financial astrology – part 1
From time to time I get questions whether I use other planetary cycles besides the moon. Astrologers tell me to watch out for the next opposition of Jupiter to Saturn, or warn me that Uranus will be going retrograde next week. What about the Bradley indicator? Or the solar cycle? So let’s have a look… Continue reading Questioning financial astrology – part 1
Eclipse red period
The Nasdaq has pushed to new highs for the year last week, but other market indices like the S&P 500 and Dow Jones Industrials have acted a lot weaker recently. The lunar green period will be ending today, and then we will enter an eclipse red period, as we are approaching a solar eclipse on… Continue reading Eclipse red period
Key reversal levels for week of October 7, 2013
Our key reversal levels going into next week: Current Status Key (W) MoM (W) Mode Key (D) MoM (D) Nasdaq 3808 BULL S: 3522.70 6.85 (6.57) RALLY S: 3732.4 3.79 (3.98) S&P 500 1690.5 BULL S: 1623.60 2.77 (2.71) RALLY S: 1678.14 -1.01 (-0.61) Nikkei 14024 BULL S: 13071 2.67 (2.44) DECLINE * R: 14420… Continue reading Key reversal levels for week of October 7, 2013
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