Outlook for world markets with 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. Comes… Continue reading Outlook for week of August 7
Category: Market Commentary
Icebergs 3
A few years ago I introduced Iceberg charts on this blog. I kept posting them on Twitter and on this blog from time to time and now simply call them the “Icebergs”. Testing has been ongoing and a few new elements have been added, which will be explained in this post. A brief recap for… Continue reading Icebergs 3
LT wave for August
US markets have reached new record highs. Hurray! Or, last hurray?? S&P 500 and Nasdaq have done exactly what I expected to happen per my recent posts: Ready for 2500 and Show Time. The S&P 500 is stalling just below 2500, and Nasdaq has climbed to 6400 but seems to encounter air pockets up there.… Continue reading LT wave for August
Outlook for week of July 31
Outlook for world markets with 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. Comes… Continue reading Outlook for week of July 31
Why the VIX is so low and why you shouldn’t worry about it yet
Markets have worked themselves to new record highs and almost everybody is talking about the VIX index staying below 10 for so long with no signs of wanting to go up anytime soon. This move to new records has come right on time per our LT wave for July, but more on that in my… Continue reading Why the VIX is so low and why you shouldn’t worry about it yet