The stock market has produced a nice swing to the upside in our current lunar green period. But that green period is about to end later this week, so we could be seeing the end of the rally in the coming days. Here is the chart for the S&P 500 (click for larger image): The… Continue reading Watching out
Category: Market Commentary
Sunspots high – sell or buy?
This is a follow up chart to our article about the solar cycle we posted back in January: New highs One reader pointed out that the actual sunspot peak can come anywhere between 3 and 5 years after the start of the cycle, and is thus not very visible in the charts that we presented.… Continue reading Sunspots high – sell or buy?
Watching solar activity
Volatility has increased last week, but stocks continue to look on the upside. With a new lunar green period now underway, the market is set to challenge for new highs again. Here is the current chart for the Nasdaq (click for larger image): Notice the similarity with the market setup we had in early 2012… Continue reading Watching solar activity
Not done yet
That was an interesting week, with most markets giving us a rather sharp pullback from fresh multi-year highs. We have a couple more days of lunar Red period to go, but basically we are now setting up for the next Green period, which is likely to bring another push upwards. Here is the chart for… Continue reading Not done yet
Gold on the brink – part 2
A few weeks ago we warned for a possible sudden move downwards in gold prices Meanwhile gold has dropped more than $50/ounce and is now sitting just above $1600. What’s next? Here is the daily chart (click for larger image): The recent price action is contained within a beautiful arc formation. Last week’s drop tested… Continue reading Gold on the brink – part 2
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