Narrow range

The S&P 500 has climbed just above 2500, technically breaking out above its early August highs. But this doesn’t make the market any easier to read because we remain stuck in a narrowing range. Here is the updated chart: The narrowing range, as shown by the blue lines in this chart, will inevitably be abandoned… Continue reading Narrow range

Outlook for week of September 18

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 September 18

The Euro and the Nasdaq

Stock markets are stagnating just below their recent record highs. The Nasdaq gained 89 points in the recent lunar red period, which is the best performance in a red period since early February. Is this the start of another major rally? Or just a fake-out before a significant decline? It is hard to tell right… Continue reading The Euro and the Nasdaq

Outlook for week of September 11

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 September 11

Outlook for week of September 4

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 September 4