Latest daily key reversal levels: (Legend: Mode : green = bullish, pale green = weak bullish – may have peaked, red = bearish, pink = mildly bearish – may have bottomed | Key: key reversal level | W: weekly mode | for more details about these key levels, see: https://lunatictrader.wordpress.com/key-reversal-levels/ ) Comments: * Today we… Continue reading Key reversal levels for February 21
Category: Market Commentary
Yet another push higher
Stock markets didn’t look back last week, and some indexes have already recovered their January losses. With a lunar green period set to start this week the rally is likely to carry on into March. Let’s have a look at the Nasdaq chart (click for larger image): All my technical indicators bottomed out last week… Continue reading Yet another push higher
Key reversal levels for week of February 17, 2014
Key reversal levels for next week: Weekly Current Mode Key (W) MoM (W) Weeks % Ch. Nasdaq 4,244.02 3,887.92 5.84 58 37.38 S&P 500 1,838.63 1,762.35 2.22 63 29.82 Nikkei 14,313.03 15,278.16 -0.10 1 -2.29 FTSE 100 6,663.60 6,694.57 0.18 2 2.35 DAX 9,662.40 9,029.39 3.71 31 17.29 Bonds (TLT) 106.58 104.74 2.49 3 -0.60… Continue reading Key reversal levels for week of February 17, 2014
Key reversal levels for February 12
Latest daily key reversal levels: (Legend: Mode : green = bullish, pale green = weak bullish – may have peaked, red = bearish, pink = mildly bearish – may have bottomed | Key: key reversal level | W: weekly mode | for more details about these key levels, see: https://lunatictrader.wordpress.com/key-reversal-levels/ ) Comments: * S&P 500,… Continue reading Key reversal levels for February 12
The 60% rule
As an investor it is quite important to realize how reliable our methods or indicators are. If we don’t know the limitations of our tools, then how are we going to use them well? Some readers may be surprised to know that I have never more than 60% confidence in any of my methods, cycles,… Continue reading The 60% rule
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