Stocks reached new record highs last week, right at the end of our lunar green period. That marks the first solid green period in quite a while and suggests that normal lunar cycles are coming back. I think we will see a pullback in the current red period, but probably not as deep as many… Continue reading Can we avoid Dow 32000?
Category: Market Commentary
Key reversal levels for week of March 10, 2014
Comments for this week (the reversal tables are posted below) : * The Nikkei has closed above its weekly key reversal level and is now bullish again. But it could be a fake out move as its weekly MoM remains to the downside, which is suspect. If Nikkei moves above 15500 we can become more… Continue reading Key reversal levels for week of March 10, 2014
LT wave for March
Markets reached new highs last weeks, and the S&P 500 came within 2 points of the 1870 target we had put out. With a lunar red period set to start this week, we have to watch out on the downside. Here is the current Nasdaq chart (click for larger image): The Nasdaq keeps working its… Continue reading LT wave for March
Key reversal levels for week of March 3, 2014
Comments for this week (the tables are posted below) : * Most stock markets are back to strong bullish status on the weekly level, but remain in weak bullish mode on the daily level. This means that the recent rally may have peaked or is close to a peak. So, keep a stop loss close… Continue reading Key reversal levels for week of March 3, 2014
Should investors worry about the grand cross in April?
In April and May there will be a rare constellation in the sky, a so-called “grand cross” between the outer planets Mars, Jupiter, Uranus and Pluto. This is considered a stressful aspect by financial astrologers. In this article we will take a look at historical examples, and see if there is anything to fear. A… Continue reading Should investors worry about the grand cross in April?
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