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The Nasdaq dropped 116 points in the lunar Red Period that just ended. The market briefly touched the 2600 support level we mentioned last week. Here is the updated Nasdaq chart (click for larger image): Now going into lunar Green Period we should see some kind of bounce here. I am looking for…
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Stock markets continued to decline last week, the start of a bigger move or just a temporary hiccup? Let’s have a look what our lunar cycles suggest. Here is an updated chart of the Nasdaq (click for larger image): This is a longer term chart showing the entire move from the March 2009 lows. Look…
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We just finished a very weak lunar Green Period with the Nasdaq falling 70 points. This indicates that the path of least resistance has turned down, especially since the one year uptrend is now broken, as we already pointed out last weak. Look for continued action to the downside in the lunar Red Period that…
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We got a flat week on the Nasdaq. Markets dropped on Monday and Tuesday, then recovered the losses by the end of the week. Technically we have now dropped out of the uptrend channel (click for larger image): Basically we have a market that now has been going sideways since January, and is…
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Our test portfolios on tickerspy.com are turning one year old. So it is a good moment to have a look how this experiment panned out. Our aim was to beat the performance of the S&P 500 index with a portfolio of random stocks. Every month the worst performing stock is sold and replaced by a…
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The recent lunar Red Period ended with a 24 point loss for the Nasdaq. So our cycles continue to be well on track, the question is for how long. We are now entering a new lunar Green Period, which normally favors rising stock prices. Let’s have a look at the chart for the S&P 500…
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We got a flat week with the market clearly hesitating and looking for direction. Where do we go from here? The situation on the charts remains quite clear (click for larger image): The uptrend channel still remains intact, but the Nasdaq will have to break above 2900 by mid-June to keep this trend going. Failure…
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A rather disappointing week in the US stock markets. We gave back nearly all the gains of the previous week, so we now have potentially a failed breakout on the charts. This also means we got a rather weak lunar Green Period, with only a 25 point gain on the Nasdaq. Now heading into lunar…
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Another good week for our forecasts. As we mentioned on Twitter last Monday: “prepare for a suprise to the upside” Markets have broken out to the upside, and with the news of Bin Laden’s death we could see some additional gains this week. Some more lunar Green Period days are coming up, so the Nasdaq…
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An interesting week in the markets. Stocks rebounded sharply and regained all losses of the previous weeks. We now have a textbook reversed head and shoulder pattern in the S&P 500 Index (click for larger image): The odds are good for a break out to the upside here. Not only is our momentum indicator just…
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LunaticTrader Blog 