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It is well known that moods, fear and greed drive the markets. So a number of “sentiment” indicators have been developed over the years, in an attempt to measure the mood of the market. There are indices like the VIX, which try to measure fear or greed on the basis of option premiums. Other sentiment…
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Markets did not break down in the second week of our lunar Red period, and even recorded new highs. This is a sign of ongoing strength. What does that mean going forward? Let’s have a look at the chart for the Nasdaq (click for larger image): The market has closed right near the overhead resistance.…
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The market has clearly entered a consolidation phase. We did get several down days, but buyers emerged quickly and bid prices back up, which has resulted in a sideways move. With another week of lunar Red period to go we should remain cautious, but also start looking ahead to the upcoming lunar Green period. Here…
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Markets continued to march higher last week, but turned down on Friday, which was the first day of our lunar Red period. It looks like there will be more selling today, as stock markets around the world react nervously to the news of the proposed bailout terms in Cyprus. That story sets a precedent and…
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The stock market has produced a nice swing to the upside in our current lunar green period. But that green period is about to end later this week, so we could be seeing the end of the rally in the coming days. Here is the chart for the S&P 500 (click for larger image): The…
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This is a follow up chart to our article about the solar cycle we posted back in January: New highs One reader pointed out that the actual sunspot peak can come anywhere between 3 and 5 years after the start of the cycle, and is thus not very visible in the charts that we presented.…
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Once in a while I get questions about lunar and solar eclipses, or messages from readers who protest against my website stating that eclipses are rather irrelevant for the markets. I can’t help it that there is no consistent effect from eclipses as such. It’s just a common sense thing. Any casual observer can find…
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Volatility has increased last week, but stocks continue to look on the upside. With a new lunar green period now underway, the market is set to challenge for new highs again. Here is the current chart for the Nasdaq (click for larger image): Notice the similarity with the market setup we had in early 2012…
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That was an interesting week, with most markets giving us a rather sharp pullback from fresh multi-year highs. We have a couple more days of lunar Red period to go, but basically we are now setting up for the next Green period, which is likely to bring another push upwards. Here is the chart for…
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LunaticTrader Blog 