Just a test post showing key reversal levels for individual stocks. Today’s key reversal levels for the 65 Dow Composite stocks: Daily Current Mode (D) Key (D) MoM (D) Days % Ch. AEP 46.72 44.04 6.61 10 6.01 AES 14.07 13.62 6.98 10 3.76 ALK 69.68 63.37 6.64 8 9.59 AXP 80.90 76.21 10.00 9… Continue reading Key reversal levels for stocks
The myth of Mercury retrograde
A reader asked me what to expect from the Mercury retrograde period that is starting today. I am getting that question from time to time. Will it bring more volatility? Will stocks go down? Will communications fail? I did some research on the Mercury cycle recently, so this is a good opportunity to share the… Continue reading The myth of Mercury retrograde
Up it is
Markets were off to the races last week, with several indexes jumping to new high territory. We expected a bit more downside action, based on our lunar phases and the technical picture, but that couldn’t have been more wrong. This suggests the path of least resistance remains to the upside. So where do we go… Continue reading Up it is
Markets around the world
Some readers have been asking for my key reversal levels for other markets and indexes. Here they are for a selection of countries. Read my earlier posts to understand how to use these tables, see here. Here are the weekly keys: Weekly Current BB Key (W) MoM (W) Weeks % Ch Australia (AORD) 5,321.01 5,047.11… Continue reading Markets around the world
Key reversal levels for week of October 20, 2013
I have now automated the calculation of my key reversals to a large extent, saving me time, and from this week onwards the presentation format is changed a bit. The weekly and the daily reversal tables are now shown separately, making space for some additional info to be shown. A long term investor can do… Continue reading Key reversal levels for week of October 20, 2013