Stock markets didn’t look back last week, and some indexes have already recovered their January losses. With a lunar green period set to start this week the rally is likely to carry on into March. Let’s have a look at the Nasdaq chart (click for larger image): All my technical indicators bottomed out last week… Continue reading Yet another push higher
Tag: lunar cycles
The 60% rule
As an investor it is quite important to realize how reliable our methods or indicators are. If we don’t know the limitations of our tools, then how are we going to use them well? Some readers may be surprised to know that I have never more than 60% confidence in any of my methods, cycles,… Continue reading The 60% rule
LT wave for February
Stock markets are trying to stabilize near some important support levels. The most recent lunar green period recorded a 94 points loss for the Nasdaq, so that’s as weak as it gets in terms of our lunar cycles. With a lunar red period now getting underway we shouldn’t be surprised to get more downside action… Continue reading LT wave for February
Keeping an eye on the Dow stocks
Weakness in stock markets is evident now. I already warned last week not to trust the current lunar green period, because some important targets have been reached and too many of my indicators are flashing warning signs. With a lunar red period coming up in early February there may be more downside action in store.… Continue reading Keeping an eye on the Dow stocks
Overextended
Markets have continued to grind higher and are once again bumping into overhead resistance levels. Can they break out to the upside? We cannot rule it out as we are getting into a new lunar green period. But let’s first take a look at the Nasdaq chart (click for larger image): The Nasdaq made new… Continue reading Overextended
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