June was not an easy month for trading our LT wave: https://lunatictrader.wordpress.com/2019/06/03/lt-wave-for-june-2019/ Expected strength in the first week pushed the S&P back above 2900. The weaker second half of the month did not produce much downside action, the market kept climbing, but at a slower rate. This suggests the path of least resistance is up.… Continue reading LT wave for July 2019
Category: Market Commentary
Outlook for July 1
Outlook for world markets with my brief comments for next week. Click the “Expand” button (bottom right) to watch in full screen mode. If you have any trouble to see the presentation below, then click here. For shorter term trading and more optimal entries there are daily reversal levels, which are available by monthly subscription.… Continue reading Outlook for July 1
Outlook for June 24
Outlook for world markets with my brief comments for next week. Click the “Expand” button (bottom right) to watch in full screen mode. If you have any trouble to see the presentation below, then click here. For shorter term trading and more optimal entries there are daily reversal levels, which are available by monthly subscription.… Continue reading Outlook for June 24
Very low SKEW
In 2015 I posted an article, explaining why watching SKEW is more important than watching the VIX: Forget the VIX, watch the SKEW. In brief, SKEW index has a history of staying relatively high during bull markets and suddenly become low at the start of bear markets. This is what happened both at the 2000… Continue reading Very low SKEW
Outlook for June 17
Outlook for world markets with my brief comments for next week. Click the “Expand” button (bottom right) to watch in full screen mode. If you have any trouble to see the presentation below, then click here. For shorter term trading and more optimal entries there are daily reversal levels, which are available by monthly subscription.… Continue reading Outlook for June 17