Our key tables and comments for this week, now in slideshow format (click on expand button to see in fullscreen). If you have any trouble to see the presentation below, then you can also watch it directly on slideshare. Stay tuned, Danny
Tag: Nasdaq
Chances for another high
US markets dipped last week, but recovered some ground already on Friday. Our LT wave chart for July indicated a bottom for the 11th, looks like it missed by a day. We are about to enter another lunar green period. Can this market climb to new highs once again? Let’s have a look at the… Continue reading Chances for another high
Key reversal levels for week of July 14, 2014
Our key tables and comments for this week : * The FTSE100 index has gone into fully bearish mode, the first major market to do so. The DAX is weak as well, but still holding above its weekly key reversal level. Both are testing their Bottom1 targets already. The US markets have been stronger and… Continue reading Key reversal levels for week of July 14, 2014
Key reversal levels for week of July 7, 2014
Comments for this week : * US markets have continued to push higher, while the UK and Germany are more cautious and continue to sit near major resistance levels. Weekly key levels remain bullish for stocks. * In the daily key levels all major stock indexes have followed the lead of the Nasdaq and are… Continue reading Key reversal levels for week of July 7, 2014
Why deflation is a blessing
Average wages are stagnant in the developed countries. Which also means that consumer spending is stagnant, because in the longer term people can spend only as much as they make. So, the economy stays weak. What is the solution? Central banks are trying to create more inflation, as if that will somehow wake the developed… Continue reading Why deflation is a blessing
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