LunaticTrader

Investing with the Moon

January-FinalWeek

Posted by Danny on January 25, 2010

Markets behaving as expected with a strong downward move last week.

The long term uptrend line is now clearly broken, which means we could easily be at the start of a prolonged downtrend. Hold on to short positions if you took them.

We will get peak lunar Declination on Tuesday, which may well mark some bounce high, but look for stocks to continue downward this week.

Full Moon and extreme Lunar Distance will come next Saturday.

Good luck,   Danny

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