Yesterday the Euro/US$ closed above its daily key reversal level and is now officially in rally mode. It still needs a weekly close above 1.3188 to get into bullish status again. The Euro could be pointing the way forward for several other markets as well. E.g. gold has been moving up and down with the… Continue reading Will the Euro point the way?
Tag: key levels
Key reversal levels for week of July 15, 2013
Our key reversal levels going into next week: Status Key (W) Mom (W) Mode Key (D) Mom (D) Nasdaq BULL S: 3271 Up * RALLY S: 3444 Up S&P 500 BULL S: 1554 Up * RALLY S: 1626 Up Nikkei BULL S: 12324 Up * RALLY S: 13694 Up FTSE 100 BULL S: 6227 Up… Continue reading Key reversal levels for week of July 15, 2013
Key reversal levels for week of July 8, 2013
Our key reversal levels going into next week: Status Key (W) Mom (W) Mode Key (D) Mom (D) Nasdaq BULL S: 3255 Down RALLY S: 3406 Up S&P 500 BULL S: 1548 Down RALLY * S: 1612 Up Nikkei BULL S: 12202 Down RALLY S: 13368 Up FTSE 100 BULL * S: 6222 Down RALLY… Continue reading Key reversal levels for week of July 8, 2013
Key reversal levels for week of July 1, 2013
Our key reversal levels going into next week: Status Key (W) Mom (W) Mode Key (D) Mom (D) Nasdaq BULL S: 3242 Down DECLINE R: 3435 Up S&P 500 BULL S: 1549 Down DECLINE R: 1629 Up Nikkei BULL S: 12184 Down RALLY * S: 13307 Up FTSE 100 BEAR R: 6338 Down DECLINE R:… Continue reading Key reversal levels for week of July 1, 2013
Key reversal levels for week of June 24, 2013
Our key reversal levels going into next week: Status Key (W) Mode Key (D) Nasdaq BULL S: 3238 DECLINE R: 3450 S&P 500 BULL S: 1541 DECLINE R: 1640 Nikkei BULL S: 11933 DECLINE R: 13692 FTSE 100 BEAR * R: 6384 DECLINE R: 6506 DAX BEAR * R: 8092 DECLINE R: 8241 Bonds (TLT)… Continue reading Key reversal levels for week of June 24, 2013
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