Stocks did hit a multi-day low on Friday. If you took the trade then keep a tight stop-loss just below Friday’s low, near 1096 on the S&P500. Look for an upward bias this week, but Thursday or Friday could produce a sudden setback. Lunar events this week: Friday 11th: Lunar Latitude cycle bottoms Good Luck, … Continue reading December09 – week2
Category: Market Commentary
December 09 – Week 1
A few key dates we can watch this week: December 2 brings us Full Moon combined with peak Declination. Late Friday, December 4, we will get Moon at Perigee. These days make for potential turning points. Possible trade: buy stocks near Friday’s close if it makes a multi-day low on the chart. Place a stop-loss… Continue reading December 09 – Week 1