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The S&P 500 reached new record highs last week, the Nasdaq is coming very close to a new all time highs as well. Some consolidation after the recent rally is normal, and we are in a new lunar red period. A further rise in June is likely if the market doesn’t give back too much
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Outlook for world markets with my comments for next week. Click the “Expand” button (bottom right) to watch in full screen mode. If you have any trouble to see the presentation below, then you can also click here. Happy trading, Danny
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Keeping an eye on the bigger picture once a week is helpful because trading in the direction of the weekly trend has better odds of being profitable. Below are the weekly reversal levels for over 1500 stocks and ETF. Click the “Expand” button (bottom right) to watch in full screen mode. For shorter term trading
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Stocks have continued to push higher and are close to new record highs once again. We remain in a lunar green period until later this week, so chances are we will climb to new highs in several major market indexes. Let’s have a look at the Nasdaq chart (click image to enlarge it): The Nasdaq
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Outlook for world markets with my comments for next week. Click the “Expand” button (bottom right) to watch in full screen mode. If you have any trouble to see the presentation below, then you can also click here. Happy trading, Danny
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Keeping an eye on the bigger picture once a week is helpful because trading in the direction of the weekly trend has better odds of being profitable. Below are the weekly reversal levels for over 1500 stocks and ETF. Click the “Expand” button (bottom right) to watch in full screen mode. For shorter term trading
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The Nasdaq recorded a 68 point loss in the recent lunar red period. This keeps up the perfect record for the lunar cycle in 2015 so far: In fact, since April last year there has been only one green period in which the Nasdaq went down, an 80 point loss in September 2014. In the
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Outlook for world markets with my comments for next week. Click the “Expand” button (bottom right) to watch in full screen mode. If you have any trouble to see the presentation below, then you can also click here. Happy trading, Danny
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Keeping an eye on the bigger picture once a week is helpful because trading in the direction of the weekly trend has better odds of being profitable. Below are the weekly reversal levels for over 1500 stocks and ETF. Click the “Expand” button (bottom right) to watch in full screen mode. For shorter term trading
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Stocks weakened last week, but the Nasdaq remains in the rising wedge pattern that started last year. It is still not clear which way the eventual breakout move will go. Here is the current Nasdaq chart (click image to enlarge it): Thursday’s drop threatened a breakout to the downside, but Friday’s recovery shows the Nasdaq
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LunaticTrader Blog 