Last week I wrote: “We remain in a lunar green period so I expect this to be a bouncing back week, with upside targets of 4350 and even 4450.” But even that was too pessimistic as the Nasdaq has already climbed to 4484. Does that mean the correction is over? Not necessarily, as I also… Continue reading Is the correction over ?
Category: Market Commentary
Key reversal levels for week of October 27, 2014
Our key tables and comments for this week. Click the “Expand” button (bottom right) to watch in full screen mode. If you have any trouble to see the presentation below, then you can also click here. Good luck, Danny
Why a trader should experiment and how
Remember the now defunct TickerSpy.com? I used it a few years ago to conduct some live experiments with random stock portfolios here on this blog. You can still read the results and conclusions here: Random stocks experiment. Just like science improves through experiment, a trader can improve from doing experiments as well. More on how… Continue reading Why a trader should experiment and how
Key reversal levels for week of October 20, 2014
Our key tables and comments for this week. Click the “Expand” button (bottom right) to watch in full screen mode. If you have any trouble to see the presentation below, then you can also click here. Good luck, Danny Related articles A market in trouble LT wave for October Market motor sputtering
A market in trouble
Stocks markets came under serious pressure last week and many indexes broke below important support levels. The Nasdaq has dropped 236 points in the lunar red period that just ended, making it the worst red period since we started this blog. In the next weeks we have to watch how the market recovers from this,… Continue reading A market in trouble
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