Our key reversal levels going into next week: Status Key (W) Mom (W) Mode Key (D) Mom (D) Nasdaq BULL S: 3294 Up RALLY S: 3502 Down * S&P 500 BULL S: 1563 Up RALLY S: 1647.50 Up Nikkei BULL S: 12450 Up RALLY S: 13885 Down * FTSE 100 BULL S: 6249 Up RALLY… Continue reading Key reversal levels for week of July 22, 2013
Tag: S&P 500
Popular methods
Whenever your system of investing becomes popular, it is better to shift to some unpopular method. That was the advice of John Templeton. We saw a classic example last April, when most financial media and blogs were pushing the “Sell in May” mantra. Selling in May had worked very well for the last three years,… Continue reading Popular methods
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
The summer rally
Stocks made a nice drop to major support levels, and have rebounded since the start of our lunar green period. We now need to see some follow through this week, otherwise we can probably forget about a summer rally. Let’s have a look at the S&P 500 (click for larger image): The support level around… Continue reading The summer rally