The year has started with a mildly positive bias in the stock markets. That’s not unusual. The lunar Red Period will end this week, so we can start looking ahead for the upcoming Green Period. Things are looking quite good and we are close the point where markets can break out to the upside. Let’s… Continue reading Looking upwards
Category: Market Commentary
Starting 2012
Happy new year to all our readers. 2011 has been a good year for our lunar phases approach. In the lunar Green Periods there was a 110 point profit, while the lunar Red Periods generated a cumulative 187 point loss in the Nasdaq Composite index. So, an investor going long in the Green Periods and… Continue reading Starting 2012
Outlook 26 December
This is our last weekly outlook for 2011. Markets rose nicely last week, pretty much as expected. Let’s have a look at the Nasdaq chart (click for larger imaage); We remain in a sideways market without clear direction. Our lunar Green period is about to end, so we will start the new year in Red… Continue reading Outlook 26 December
Outlook 19 December
We finally got a more normal week. Our lunar Green Period has started, so this should help generate a bit of a year end rally. Let’s have a look at the current chart for S&P 500 Index (click for larger image). The market is trapped in a narrowing triangle formation. We have room to rise… Continue reading Outlook 19 December
Outlook 12 December
Markets stagnated near the resistance levels we mentioned last week, and seem to be going down at today’s opening. We have a few more lunar Red period days to go, but we can start looking ahead for the next Green period already. Let’s take a look at the current chart for the Nasdaq (click for… Continue reading Outlook 12 December