Stocks have come under increasing pressure and important support levels are slowly giving way. The recent lunar green period ended with a 190 point loss for the Nasdaq, one of the worst green periods this year, and continuing the pattern of lunar cycle inversion we have seen all year. As we have been pointing out… Continue reading A very clear situation
Category: Market Commentary
Outlook for Week of November 7
Outlook for world markets with brief comments for next week. If you have any trouble to see the presentation below, then click here. Click the “Expand” button (bottom right) to watch in full screen mode. 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 November 7
LT wave for November
Stocks came under some pressure last week and the S&P 500 is struggling to stay above the important 2120 support level. As we pointed out last week, price action has been weak and there is nothing going on as long as there is no clear breakout, up or down. We are still in that situation… Continue reading LT wave for November
Outlook for Week of October 31
Outlook for world markets with brief comments for next week. If you have any trouble to see the presentation below, then click here. Click the “Expand” button (bottom right) to watch in full screen mode. 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 October 31
Nothing going on
The S&P 500 is more or less where it was in mid July, and except for a few volatile days in early September the market has hardly moved. Some people will blame it on the upcoming elections, but this kind of go-nowhere periods also happen when there are no elections. One thing is clear: this… Continue reading Nothing going on
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