Outlook July 12

We got our expected upward bounce in the stock market.
Isn’t it nice to know about the lunar cycles?

With a few Green Period days left there is room for some more upside early this week, but I would use it to take some money off the table.
Because, until we get some sign of strength, we have to asume that the downturn which started in April is still ongoing.
That means: be very cautious and sell the rallies we get during Green Periods.

Be well, Danny

By Dan

Author of LunaticTrader and Reversal Levels method. Stock market forecasts based on proprietary indicators, seasonal patterns and moon cycles.

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