The market correction has come right on the mark with the eclipse Red period we discussed last week. It also confirms that our LT Wave remains on track. We have another week of Red period to go. Can we expect more downside already? Here is the current chart for the S&P 500 (click for larger… Continue reading How to play the correction
Category: Market Commentary
Long term Nasdaq chart
This is an update to the long term outlook we presented in February. We pointed out that the 3200-3300 level on the Nasdaq was going to be a tough resistance zone. And indeed, the market has now spent several months trying to overcome that level, and failing so far, with the Nasdaq currently sitting at… Continue reading Long term Nasdaq chart
Prospects for Gold
This is an update to the long term gold chart we posted in February. The large drop of the recent weeks is giving us more clarity going forward. Here is my first chart (click for larger image): This is a monthly chart. Even with the recent drop, this market is still in a clear long… Continue reading Prospects for Gold
Eclipses and the Stock Market
We are entering the first eclipse season of the year, so today I will share some research before we present our current interpretation of the market. Upcoming lunar and solar eclipses are known in advance and sometimes announced in the news. And on astrology related sites you will usually find forecasts about the impending disasters… Continue reading Eclipses and the Stock Market
LT Wave reviewed
In mid February I posted an experimental chart, which I called the LT Wave. It showed expected ups and downs in the market until the end of March. How has it panned out? Well, not so bad as can be seen in this comparison with the S&P 500 (click for larger image): As I pointed out,… Continue reading LT Wave reviewed
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