In our most recent review of the S&P 500 we pointed out the market was at a breaking point, with all my indicators pointing down. US markets have indeed gone over the edge last week, and the rather quick drop has brought them right to the next breaking point. Here is the current S&P chart… Continue reading The next breaking point
Category: Market Commentary
Key reversal levels for week of August 4, 2014
Our key tables and comments for this week, now in slideshow format. Click the “Expand” button (bottom right) to watch in full screen mode. Click on “Slideshare” (bottom left) if you want to save and print it. If you have any trouble to see the presentation below, then you can also click here. Good luck,… Continue reading Key reversal levels for week of August 4, 2014
LT wave chart for August
The LT wave chart for July did OK. It picked up a few highs and lows, also missed some. Here is the LT wave for August (click for larger image): Given yesterday’s drop in the market it could become an interesting August. The LT wave will reach a low on the 5th, followed by a… Continue reading LT wave chart for August
Setting up for an August peak
US stock markets have been fairly flat in July, neither breaking down nor breaking out to the upside. The current lunar green period will end Wednesday. So far it looks like a rather weak green period, but we have a few more days to go. The upcoming red period will contain a supermoon. Over the… Continue reading Setting up for an August peak
Key reversal levels for week of July 28, 2014
Our key tables and comments for this week, now in slideshow format (click on “Slideshare” if you want to watch in fullscreen, or save and print it). If you have any trouble to see the presentation below, then you can also click here. Good luck, Danny
LunaticTrader Blog 