We have some shortened holiday weeks coming up. Last Wednesday did mark a top on the chart for many markets. If you took the opportunity to sell, then keep your stop-loss just above Wednesday highs. We are now in the period towards next Full Moon, which tends to bring weakness in stock markets. The only… Continue reading December09-week4
Category: Market Commentary
December09-week3
The market didn’t move much last week. The recommended trade was stopped out for a small loss. So far the period heading into New Moon, normally good for stocks, has resulted into little or no upside move. This could signal weakness ahead. Next Wednesday we will have New Moon and an extreme Declination. That will… Continue reading December09-week3
December09 – week2
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
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