Markets behaving as expected with a strong downward move last week. The long term uptrend line is now clearly broken, which means we could easily be at the start of a prolonged downtrend. Hold on to short positions if you took them. We will get peak lunar Declination on Tuesday, which may well mark some… Continue reading January-FinalWeek
Geomagnetic storm
Yesterday we got the first geomagnetic storm of the year. This could generate more downside pressure on stocks over the next 6 days. See our webpage for more details and a few charts where you can monitor current solar activity every day. https://lunatictrader.wordpress.com/?Geomagnetic_Storms Ciao, Danny
January10-Week3
Many markets made new highs last weeks, as we had indicated in our previous post. Now we are entering the Full Moon period , which is usually not so good for stocks. If you took short positions at the end of last week, then keep stops just above the recent highs. The Nasdaq is holding… Continue reading January10-Week3
January10-FirstWeeks
Stocks have started the year with an upward bias. This week we are still in the positive New Moon period. So we could easily see higher prices, but some kind of top is getting more likely. Early Tuesday we get an extreme in the Lunar declination cycle. New Moon comes on early Friday. Moon apogee… Continue reading January10-FirstWeeks
January2010 key dates
Besides the cycles of the Moon, we also watch the extremes in declination and apogee-perigee for other planets. These dates not rarely mark important tops or bottoms in various markets. E.g. the stock market peak on 31st October 2007 came exactly at an extreme declination of Neptune. The stock market bottom on 9th March 2009… Continue reading January2010 key dates