Weekly reversal levels are useful for market orientation and long term investing. Trading in the direction of the weekly trend has better odds of being profitable. Below are the levels for over 1500 stocks and ETF. Click the “Expand” button (bottom right) to watch in full screen mode. For shorter term trading you can use… Continue reading Weekly Reversal Levels for April 4, 2015
Who buys new record highs?
Last week we asked a poll question and several readers have taken the time to put in a vote. More on the results later in this post. We also have the LT wave chart for April, but first we take our customary look at the S&P 500 (click image to enlarge it): We got a… Continue reading Who buys new record highs?
Outlook for Week of March 30, 2015
Outlook for world markets with my 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 you can also click here. Happy trading, Danny
Weekly Reversal Levels for March 28, 2015
Weekly reversal levels are useful for market orientation and long term investing. Trading in the direction of the weekly trend has better odds of being profitable. Below are the levels for over 1500 stocks and ETF. Click the “Expand” button (bottom right) to watch in full screen mode. For shorter term trading you can use… Continue reading Weekly Reversal Levels for March 28, 2015
When the market is ready the catalysts will appear
US markets are surging higher again. That’s also what we have been calling for in recent weeks. Eclipse green periods tend to be very positive for stocks, and this one has been no exception. The Nasdaq is now knocking on the door of new record highs, one of the last major indexes to do so.… Continue reading When the market is ready the catalysts will appear
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