Blog

  • Market downturn

    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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  • Still grinding higher

    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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  • LT wave for September

    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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  • Flat trading

    Stock went mostly flat for another week and have ended the lunar red period with a 17 point gain for Nasdaq. More often than not sideways price action resumes in the direction of the existing trend, and with a new green period starting we could easily get another push to new highs in the coming…

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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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  • Quiet summer trading

    Stocks continue their steady march higher, without any letup. Maybe we will see some selling this week, as we continue to be in a lunar red period. But where are the sellers supposed to come from? Investors who have been long probably see no reason to sell. Let’s have a look at the S&P 500:…

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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/. *…

    Read more