Author: Dan

Interesting week we got. A strong downturn started with the Pluto planteray extreme on Tuesday morning, and stocks have fallen right into the Black Period. There was a geomagnetic storm last Sunday evening, which also contributed to downward pressure last week. You can always monitor for geomagnetic storms on our website: https://lunatictrader.wordpress.com/?Geomagnetic_Storms Going forward we… Continue reading Outlook May 10

We finally got some serious down days last week. The most recent “Red Period” has produced a 20 point loss for the Nasdaq Composite Index. The stock market has been largely flat throughout the period, which means the market continues to display signs of strength. We are now set for another rally attempt and possible… Continue reading Outlook May 4

Downside action is very mild so far. The Nasdaq successfully kept above the 2450 level. The market is even attempting at new highs again. We may still get a sudden drop this week, with Full Moon coming tomorrow. But chances are increasing that this rally will continue into mid-May. Why are the stocks so resilient?… Continue reading Outlook April 27

Looks like we got our peak last Thursday. A Nasdaq drop below 2450 would confirm the probable end of this move that started last February. Expecting more downside pressure on stocks for the rest of the month. Initial downside targets for Nasdaq are 2300 and next 2200. Regards,   Danny

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