I have now automated the calculation of my key reversals to a large extent, saving me time, and from this week onwards the presentation format is changed a bit. The weekly and the daily reversal tables are now shown separately, making space for some additional info to be shown. A long term investor can do… Continue reading Key reversal levels for week of October 20, 2013
Tag: S&P 500
Key reversal levels for week of October 13, 2013
Our key reversal levels going into next week: Current Status Key (W) MoM (W) Mode Key (D) MoM (D) Nasdaq 3791.87 BULL S: 3532.05 6.44 (6.85) RALLY * S: 3728.44 -1.66 (-1.65) S&P 500 1703.20 BULL S: 1625.80 2.69 (2.77) RALLY * S: 1674.44 -4.93 (-5.84) Nikkei 14404.74 BULL S: 13111 2.30 (2.67) RALLY *… Continue reading Key reversal levels for week of October 13, 2013
Key reversal levels for week of October 7, 2013
Our key reversal levels going into next week: Current Status Key (W) MoM (W) Mode Key (D) MoM (D) Nasdaq 3808 BULL S: 3522.70 6.85 (6.57) RALLY S: 3732.4 3.79 (3.98) S&P 500 1690.5 BULL S: 1623.60 2.77 (2.71) RALLY S: 1678.14 -1.01 (-0.61) Nikkei 14024 BULL S: 13071 2.67 (2.44) DECLINE * R: 14420… Continue reading Key reversal levels for week of October 7, 2013
LT wave chart for October
We are nearing the end of the month, so today I am sharing the LT wave for October (click for larger image): Last month the LT wave performed so-so. The S&P 500 did show the expected strength early in September, but it carried on until a new high on the 18th, a few days later… Continue reading LT wave chart for October
Continued strength
Markets have continued to march higher and we just finished an exceptionally strong lunar red period, which saw the Nasdaq gain 115 points. This is a sign of strength and generally points to even higher stock prices in the months ahead. Taking a look at the chart for S&P 500 (click for larger image): The… Continue reading Continued strength