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It is the last trading day for 2015, a good opportunity for a little look at what has been and, more importantly, at what may be ahead… It looks like the S&P 500 will end the year very close to unchanged, which is quite rare. More on that below. The sideways range made it a
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The last trading days of the year are showing a light upward bias, as they typically do. It is usually hard to read something in days with very light trading, so we will probably have to wait for next week to see where stocks are going next. Let’s have a look at the Nasdaq chart
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Outlook for world markets with our 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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After a volatile week the S&P 500 is once again testing the 2000 level, a major breaking point. Is the market just bending, or is it about to break down? This is always a difficult question. Markets tends to follow the path of max confusion, shaking out as many passengers as possible before making a
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Outlook for world markets with our 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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Couldn’t post yesterday, so I am a bit later than usual. The lunar green period just ended with a 176 points loss for Nasdaq. The last four lunar periods have gone against the normal tendency. Some people call that a “cycle inversion”, I think that’s just a beautiful name for “didn’t work”. Lunar cycle traders
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Outlook for world markets with our 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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Several readers have been asking for back test performance results of my reversal levels. I am not a fan of putting out back test results, not because the results are bad but because I don’t want to look like so many other sites that sell a poor system with good marketing. I prefer to offer
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A few weeks ago I called for the S&P 500 to go sideways in the 2000-2100 range for several weeks. That’s what we are getting, but how much longer can it continue? Not very long I think. Let’s have a look at the chart (click image to enlarge it): The S&P is back within a
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Outlook for world markets with our 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/. *