The markets have climbed and are sitting right at the resistance levels we mentioned last week. The question now becomes whether we can break decisively above these resistance levels, and then stay above…? Wouldn’t surprise me if the New Moon on Wednesday brings a peak, followed by downside action for the rest of the month.… Continue reading Outlook 12 April
Author: Dan
Stock trader since 1986.
Method based on proprietary indicators, seasonal patterns and moon cycles.
Geomagnetic Storm
There was a geomagnetic storm yesterday, the second one of this year. (See what it means on our site: https://lunatictrader.wordpress.com/?Geomagnetic_Storms ) The previous one came in January, just at the onset of a 10% decline in the markets. We may be in for a similar scenario now. The recent rally is getting long in the… Continue reading Geomagnetic Storm
Software available
It has taken somewhat longer than estimated (mainly because of personal events), but the Lunatic Trader software is finally available for download. The good thing is that it has given us time to add more materials, and in the past months you have been able to see on this blog how we work with the… Continue reading Software available
Outlook 5 April
Stocks turned in another flat week and now we are going into the New Moon period, a more positive period for stocks. The market showed resilience over the past two weeks, so we are likely see a new push higher over the coming days. Thursday will give us a Lunar Distance Extreme, and next week… Continue reading Outlook 5 April
Outlook 29 March
Stock held up pretty well last week, although momentum is clearly waning. Nasdaq pushed as high as 2430, but ended the week little changed. The Full Moon period has not produced any meaningful pullback so far, which is a sign of strength going forward. Full Moon will come after today’s close, so we could still… Continue reading Outlook 29 March
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