Here is our key reversal table for next week: Weekly Current Mode Key (W) MoM (W) Weeks % Ch. Nasdaq 3,985.97 3,665.43 8.24 45 29.03 S&P 500 1,798.18 1,677.09 7.08 50 26.96 Nikkei 15,165.91 13,504.08 2.06 51 60.21 FTSE 100 6,693.39 6,468.47 3.20 18 2.27 DAX 9,168.69 8,570.97 7.92 18 11.30 Bonds (TLT) 104.73 108.28… Continue reading Key reversal levels for week of November 18, 2013
Category: Market Commentary
Air pockets
Stock markets have gone mostly sideways as we indicated last week. The Dow Jones Industrials managed to set new highs, but the Nasdaq failed to do so. On Thursday there was a sudden drop in the market, followed by a remarkable comeback on Friday. This could be the first of a series of air pockets… Continue reading Air pockets
Key reversal levels for week of November 11, 2013
Here is our key reversal table for next week: Weekly Current Mode Key (W) MoM (W) Weeks % Ch. Nasdaq 3,919.23 3,641.07 8.33 44 26.87 S&P 500 1,770.61 1,666.31 6.61 49 25.01 Nikkei 14,086.79 13,430.01 1.94 50 48.81 FTSE 100 6,708.39 6,450.52 2.90 17 2.50 DAX 9,078.28 8,511.13 7.43 17 10.20 Bonds (TLT) 103.41 108.49… Continue reading Key reversal levels for week of November 11, 2013
Investor sentiment
Stocks continue to hover near their highs, but the market starts to looks a bit tired. We will be entering a new lunar red period this week. The most recent red periods have brought significant gains in most stock markets, but that’s rather unusual. It tends to happen a few times a year and then… Continue reading Investor sentiment
Key reversal levels for week of November 4, 2013
Note: if you are looking for key reversal levels for other world markets or individual stocks, then check out my Twitter account. I cannot cover every market or stock, but I do plan to increase coverage. Here on the blog I will stick to my weekly post covering the reversals for major markets, gold, oil… Continue reading Key reversal levels for week of November 4, 2013