An up and down week for S&P 500 ended with little change for the week and the month. Major indexes are once again close to new all time highs. The direction of the next significant swing is still very uncertain. Here is the current S&P 500 chart: A push to record highs looks quite likely,… Continue reading LT wave for October
Category: Market Commentary
Outlook for Week of October 3
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 3
Looking up again
Last week we wondered whether the market would continue to correct, or gradually turn up again. It now looks we did indeed muddle through the week and stocks are searching for new highs again. We remain in a lunar green period and the technical situation has improved. Here is the Nasdaq chart: The slower Earl2… Continue reading Looking up again
Outlook for Week of September 26
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.… Continue reading Outlook for Week of September 26
Waiting for continuation
Markets held stable after last week’s dip. Now it remains to be seen whether stocks will continue downwards or simply resume their existing up trend. The current lunar red period is ending and our LT wave for September suggests potential weakness until the 25th, so a downward continuation is to come sooner rather than later,… Continue reading Waiting for continuation
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