Markets pulled back significantly last week and we recorded a 126 points loss for Nasdaq in the recent lunar green period. With a new red period now starting stocks will probably remain under pressure. Let’s have a look at the Nasdaq chart (click image to enlarge it): All my indicators point down and have further… Continue reading Just waiting
Category: Financial Astrology
Pullback time
Markets are trying to catch their breath after the strong run in October. We may see another rally attempt this week, but I think we are going to get more of a pullback before stocks go higher again next year. With many indexes near their all time highs again a lot of investors will probably… Continue reading Pullback time
LT wave for November
The market was about flat last week and the lunar red period ended with a solid 167 point gain on the Nasdaq. It is the first time this year that stocks gain during a red period, which suggests underlying strength in the market. Can the market go even higher in the new green period? Let’s… Continue reading LT wave for November
Bitcoin wakes up
The market kept climbing last week and didn’t stop for any of the resistance levels we had expected. It’s also not bothering about the current lunar red period. What’s going on? Maybe we are seeing the first positive red period in almost a year. And that would be an indication that the market is starting… Continue reading Bitcoin wakes up
Ridiculous performance
Markets went higher last week and ended the lunar green period with a nice 267 point gain for Nasdaq. So far this year the lunar cycle has been ridiculously accurate in calling the swings in the market. There are still a few more months to go and a lot can happen, but this could easily… Continue reading Ridiculous performance
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