LunaticTrader

Investing with the Moon

Weak

Posted by Danny on April 23, 2012

It looks like we are having a very weak lunar Green Period. The market rebounded early in the week but has given up the gains already.
This confirms that the path of least resistance is now down.

Let’s take a look at the S&P 500 chart again (click for larger image):

S&P 500

With a new lunar Red period coming up, I would look for the market to fall further over the next couple of weeks.
First target is 1340 and then 1300.

Be well, Danny

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