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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/. *
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US stocks fell to their lowest levels since early July after touching new highs earlier in the week. This is nicely in line with our LT wave chart for August. If the expected pattern pans out then more weakness can be expected after a rally attempt in the next few days. Let’s have a look
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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/. *
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Markets have held very steady and the Nasdaq reached new all time highs yesterday. The S&P 500 is just short of new records. The recent lunar green period ended with a 12 point gain for the Nasdaq and we are now in a new lunar red period. The red periods have been unusually strong so
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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/. *
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Markets have been trading without any direction recently, and with the end of the month coming up I have postponed my weekly blog post by a few days to get out the new LT wave chart today. When stocks move in such a narrow range there is of course little or no space for the
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This week we introduce a small change. Page 2 of our free weekly letter is now covering the weekly reversal levels for major currencies. The daily reversal levels for major stock indexes, gold and EURUSD keep being posted on our Twitter feed as always. Outlook for world markets with brief comments for next week. If
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