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Stocks came under some pressure last week and the S&P 500 is struggling to stay above the important 2120 support level. As we pointed out last week, price action has been weak and there is nothing going on as long as there is no clear breakout, up or down. We are still in that situation
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Outlook for world markets with brief comments for next week. If you have any trouble to see the presentation below, then click here. Click the “Expand” button (bottom right) to watch in full screen mode. For shorter term trading and more optimal entries there are daily reversal levels, which are available by monthly subscription. Comes
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The S&P 500 is more or less where it was in mid July, and except for a few volatile days in early September the market has hardly moved. Some people will blame it on the upcoming elections, but this kind of go-nowhere periods also happen when there are no elections. One thing is clear: this
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Outlook for world markets with brief comments for next week. If you have any trouble to see the presentation below, then click here. Click the “Expand” button (bottom right) to watch in full screen mode. For shorter term trading and more optimal entries there are daily reversal levels, which are available by monthly subscription. Comes
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Since the warning signs we posted a few weeks ago we have seen a significant dip in US stocks, which suggests the market has chosen down as its next direction, at least for now. This is giving us a bit more clarity, but not much because the market is still holding up pretty well and
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Outlook for world markets with brief comments for next week. If you have any trouble to see the presentation below, then click here. Click the “Expand” button (bottom right) to watch in full screen mode. For shorter term trading and more optimal entries there are daily reversal levels, which are available by monthly subscription. Comes
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Outlook for world markets with brief comments for next week. Don’t want to miss our daily and weekly reversal levels updates? Just follow us on Twitter or like our page on Facebook. If you have any trouble to see the presentation below, then click here. Click the “Expand” button (bottom right) to watch in full
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A rare mid-week post because the market is reaching a critical point. The recent lunar green period has ended with a 55 point gain, which looks quite good. But yesterday’s market action in the S&P 500 was weak and that has turned down the MoM indicator. That’s not a big deal as such, but a
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An up and down week for S&P 500 ended with little change for the week and the month. Major indexes are once again close to new all time highs. The direction of the next significant swing is still very uncertain. Here is the current S&P 500 chart: A push to record highs looks quite likely,
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Outlook for world markets with brief comments for next week. If you have any trouble to see the presentation below, then click here. Click the “Expand” button (bottom right) to watch in full screen mode. For shorter term trading and more optimal entries there are daily reversal levels, which are available by monthly subscription. Comes
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