Market Commentary – Page 101 – LunaticTrader Blog

Outlook for week of April 10

Outlook for world markets with brief 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 click here. For shorter term trading and more optimal entries there are daily reversal levels, which are available by monthly subscription. Comes… Continue reading Outlook for week of April 10

Outlook for week of April 3

Markets are bending, will they break?

Stocks made a significant dip last week and important support levels are giving way. The continuation of the rally that started in November is now questionable. Here is the current Nasdaq chart: Nasdaq is trying to stay above the important 5800 support level. But all my indicators keep pointing down, showing a strong possibility for… Continue reading Markets are bending, will they break?

Outlook for week of March 27

We got a 1% down day, what next?

The S&P 500 dropped 1.2% yesterday and this ends a 109 day streak without 1% drop. This is only the 13th such +100 day period since 1950 for the S&P, see my February post. This drop was met with panicked reactions and crash warnings on social media, but people forget that 1% down days in… Continue reading We got a 1% down day, what next?