-
Stock markets rebounded nicely last week and have already recovered a good chunk of their recent losses. This means the market is now running completely counter to our normal lunar cycles, something that happens from time to time. Some people have been asking me about this kind of “phase inversions”, and whether I expect this…
-
The markets have continued to sell off without any let-up, so our lunar Green Period has ended with a 129 point loss on the Nasdaq. That’s one of the weakest Green periods in a long time. The implication is that the path of least resistance remains down, and we shouldn’t underestimate the possibility of even…
-
Markets took a serious turn down last week, and most major indices have now fallen through important support levels. With another week of lunar Green period to go, I think we will see a rebound attempt that takes us back up to these old support levels. Let’s have a look at the Nasdaq (click for…
-
Our lunar Red period has just ended and recorded a 90 point decline on the Nasdaq. This is the most bearish Red period so far this year, and confirms that the path of least resistance is down for the moment. Most stock indices sit right on important support levels now, so the question going forward…
-
The markets we cover have reached our downside targets but are not breaking below them. The superstorm in North-America is closing the exchanges for at least another day, so it will be an unusual week. But normally we should see trading resume before our current lunar Red period ends later this week. Let’s have a…
-
Markets rebounded as expected and then accelerated to the downside as soon as our lunar Red period got underway. The recent Green period ended with a 63 point loss for the Nasdaq, and this suggests that the path of least resistance is down. The Nasdaq is now holding just above the important 3000 level, while…
-
We saw clear weakness in the stock markets last week, and the Nasdaq seems on its way to the 3000 level, as we suggested in this blog a few weeks ago. We remain in a lunar Green period for most of this week, so I think we will now see some rebound attempt. Here is…
-
Markets are trying the upside since the start of a new lunar Green period last week, but so far the move seems to lack conviction. After several strong lunar Green periods ( see our Performance page, which is now easier to read), we could be in for a weak one. The coming week will make…
-
Markets dropped last week, but the recent uptrend remains intact. Our lunar Red period has a couple more days to go, so we could see more weakness early in the week, but basically we are setting up for another rally attempt. Here is the current Nasdaq chart (click for larger image): I think there will…
-
Markets are stagnating since the start of our lunar Red period last week. No significant downside action has occurred so far, but there is more Red period to come. Let’s have a look at the longer term chart for the S&P 500 (click for larger image): This market has broken above an important resistance level…
-
Subscribe
Subscribed
Already have a WordPress.com account? Log in now.
LunaticTrader Blog 