Comments for this week : * Stock markets are hesitating after the recent series of new highs. On the weekly level the bull markets are intact, but in the daily key reversal levels we now see all major indexes with downward MoM, and the FTSE100 has fallen into bearish mode. This can be considered a… Continue reading Key reversal levels for week of June 16, 2014
Tag: gold
Key reversal levels for week of June 2, 2014
Comments for this week : * After a strong week in the stock markets we remain with a fully bullish picture and upward weekly MoM for most major indexes. A pullback will start eventually, and stagnating MoM in the daily keys will normally offer us the first clues when the current rally is nearing an… Continue reading Key reversal levels for week of June 2, 2014
Key reversal levels for week of May 19, 2014
Comments on the key levels for this week : * No changes in our weekly key reversal levels for major stock indexes. * On the daily level we have some flip-flopping going on. Nasdaq and S&P 500 have joined the Nikkei by going into bearish mode with downward momentum (MoM). The DAX and FTSE100 remain… Continue reading Key reversal levels for week of May 19, 2014
Key reversal levels for week of May 12, 2014
Comments on the key levels for this week : * Little change in our weekly key levels for major stock indexes. For Nikkei we have MoM turning down, which indicates a continuation of bearish mode, now in its 8th week. * On the daily level the Nasdaq and Nikkei remain in bearish mode, while the… Continue reading Key reversal levels for week of May 12, 2014
Key reversal levels for week of May 5, 2014
Comments on the key levels for this week : * Major stock markets have put in a strong week. The FTSE100 has broken above its weekly key reversal level and is now bullish again. This leaves Nikkei as the only major market that is still bearish on the weekly level. Meanwhile weekly MoM is turning… Continue reading Key reversal levels for week of May 5, 2014
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