Blog

  • I have improved the article with instructions for the key reversal levels. Feel free to check it out: Key reversal levels Key reversal levels for this week: Weekly Current Mode Key (W) MoM (W) Weeks % Ch. Nasdaq 4,103.88 3,872.24 7.30 56 32.85 S&P 500 1,782.59 1,761.89 4.37 61 25.86 Nikkei 14,914.53 14,810.12 4.26 62

    Read more

  • Here are the monthly key reversal levels going into February 2014. Remember, these monthly key reversal are only for very long term market orientation. Monthly Current Mode Key (M) MoM (M) Months % Ch. Nasdaq 4,103.88 3,367.37 9.38 50 89.80 S&P 500 1,782.59 1,548.39 8.52 24 35.82 Nikkei 14,914.53 12,553.12 8.33 13 40.64 FTSE 100

    Read more

  • Daily key reversal levels for today: Daily Current Mode Key (D) MoM (D) Days % Ch. W Str. # Nasdaq 4,123.13 4,161.40 -3.71 4 -0.22 7 S&P 500 1,794.19 1,822.53 -6.70 4 0.18 7 Nikkei 15,007.06 15,667.30 -6.60 4 -0.56 7 FTSE 100 6,538.50 6,716.05 -6.64 4 -1.88 3 DAX 9,373.48 9,540.42 -3.27 4 -0.17

    Read more

  • Daily key reversal levels for today: Daily Current Mode Key (D) MoM (D) Days % Ch. Nasdaq 4,051.43 4,164.37 -2.72 3 -1.96 S&P 500 1,774.20 1,825.03 -6.14 3 -0.94 Nikkei 15,383.91 15,693.86 -5.98 3 1.94 FTSE 100 6,544.30 6,729.97 -5.12 3 -1.79 DAX 9,336.73 9,555.06 -2.20 3 -0.56 Bonds (TLT) 107.87 104.87 9.03 13 3.95

    Read more

  • Daily key reversal levels for today: Daily Current Mode Key (D) MoM (D) Days % Ch. Nasdaq 4,097.96 4,171.97 -0.56 2 -0.83 S&P 500 1,792.50 1,828.44 -4.62 2 0.08 Nikkei 14,980.16 15,722.78 -5.52 2 -0.74 FTSE 100 6,572.30 6,738.08 -2.86 2 -1.37 DAX 9,406.91 9,557.07 -0.60 2 0.19 Bonds (TLT) 106.99 104.68 9.04 12 3.10

    Read more

  • Will try to get out the daily key reversal levels a bit more frequently. For the weekly key levels, see my weekend post. Daily key reversal levels as of today: Daily Current Mode Key (D) MoM (D) Days % Ch. Nasdaq 4,083.61 4,180.22 1.65 1 -1.18 S&P 500 1,781.56 1,832.07 -2.68 1 -0.53 Nikkei 15,005.73

    Read more

  • Weakness in stock markets is evident now. I already warned last week not to trust the current lunar green period, because some important targets have been reached and too many of my indicators are flashing warning signs. With a lunar red period coming up in early February there may be more downside action in store.

    Read more

  • Key reversal levels for this week: Weekly Current Mode Key (W) MoM (W) Weeks % Ch. Nasdaq 4,128.17 3,863.36 8.06 55 33.63 S&P 500 1,790.29 1,761.10 5.94 60 26.40 Nikkei 15,391.56 14,815.61 5.97 61 62.60 FTSE 100 6,663.70 6,570.60 2.27 4 -1.29 DAX 9,392.02 8,999.01 6.41 28 14.01 Bonds (TLT) 107.48 104.27 -1.04 0 0.00

    Read more

  • Overextended

    Markets have continued to grind higher and are once again bumping into overhead resistance levels. Can they break out to the upside? We cannot rule it out as we are getting into a new lunar green period. But let’s first take a look at the Nasdaq chart (click for larger image): The Nasdaq made new

    Read more

  • Key reversal levels for this week: Weekly Current Mode Key (W) MoM (W) Weeks % Ch. Nasdaq 4,197.58 3,848.98 8.15 54 35.88 S&P 500 1,838.70 1,758.17 7.06 59 29.82 Nikkei 15,734.46 14,758.35 7.28 60 66.22 FTSE 100 6,829.30 6,559.21 2.01 3 1.16 DAX 9,742.96 8,970.45 6.89 27 18.27 Bonds (TLT) 105.48 106.48 -2.18 35 -8.96

    Read more