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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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Last week we wondered whether the market would continue to correct, or gradually turn up again. It now looks we did indeed muddle through the week and stocks are searching for new highs again. We remain in a lunar green period and the technical situation has improved. Here is the Nasdaq chart: The slower Earl2…
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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.…
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Markets held stable after last week’s dip. Now it remains to be seen whether stocks will continue downwards or simply resume their existing up trend. The current lunar red period is ending and our LT wave for September suggests potential weakness until the 25th, so a downward continuation is to come sooner rather than later,…
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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. * The latest weekly reversal levels for over 2500 stocks and ETF can be found every weekend at http://www.reversallevels.com/. *…