Markets pushed higher on Friday, after some hesitation earlier in the week. With the lunar green period continuing this week we can start looking how high it may go. Here is the Nasdaq chart (click for larger image): Our line in the sand at 3300 was touched and then the market turned up strongly. The… Continue reading The next step
Category: Financial Astrology
LT Wave for July 2013
Our LT Wave chart for June did reasonably well. It was a roller coaster month indeed. The weakness in the 3rd week came a few days later than expected, and we did get the expected strength in the final week. Here is the LT Wave for July (click for larger image): The chart shows some… Continue reading LT Wave for July 2013
The summer rally
Stocks made a nice drop to major support levels, and have rebounded since the start of our lunar green period. We now need to see some follow through this week, otherwise we can probably forget about a summer rally. Let’s have a look at the S&P 500 (click for larger image): The support level around… Continue reading The summer rally
Trading the Super Moon
A reader has asked about the supermoon we had over the weekend. Does it affect stocks in a certain way? A supermoon happens when a full moon occurs near its closest point to the Earth. This makes the full moon appear bigger than normal. We get one about every 14 months, and they are easy… Continue reading Trading the Super Moon
Will it continue?
Markets bounced back from predictable support levels, as we mentioned last week. With a couple more lunar green period days to go, we are likely to see some additional upside early in the week, but the question remains if we will get any further than that. Let’s have a look at the Nasdaq chart (click… Continue reading Will it continue?
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