Category: Market Commentary

Outlook May 23

The recent lunar Red Period ended with a 24 point loss for the Nasdaq. So our cycles continue to be well on track, the question is for how long. We are now entering a new lunar Green Period, which normally favors rising stock prices. Let’s have a look at the chart for the S&P 500… Continue reading Outlook May 23

Outlook May 16

We got a flat week with the market clearly hesitating and looking for direction. Where do we go from here? The situation on the charts remains quite clear (click for larger image): The uptrend channel still remains intact, but the Nasdaq will have to break above 2900 by mid-June to keep this trend going. Failure… Continue reading Outlook May 16

Outlook May 9

A rather disappointing week in the US stock markets. We gave back nearly all the gains of the previous week, so we now have potentially a failed breakout on the charts. This also means we got a rather weak lunar Green Period, with only a 25 point gain on the Nasdaq. Now heading into lunar… Continue reading Outlook May 9

Outlook May 2

Another good week for our forecasts. As we mentioned on Twitter last Monday: “prepare for a suprise to the upside” Markets have broken out to the upside, and with the news of Bin Laden’s death we could see some additional gains this week. Some more lunar Green Period days are coming up, so the Nasdaq… Continue reading Outlook May 2