Monthly key reversal levels February 2014

Here are the monthly key reversal levels going into February 2014. Remember, these monthly key reversal are only for very long term market orientation.

Monthly Current Mode Key (M) MoM (M) Months % Ch.
Nasdaq 4,103.88 3,367.37 9.38 50 89.80
S&P 500 1,782.59 1,548.39 8.52 24 35.82
Nikkei 14,914.53 12,553.12 8.33 13 40.64
FTSE 100 6,510.40 6,177.03 4.03 14 10.97
DAX 9,306.48 7,834.26 8.17 23 36.22
Bonds (TLT) 108.28 113.13 -3.98 7 -0.28
Gold (spot) 1,243.70 1,464.26 -5.30 9 -15.76
$EURUSD 1.3489 1.3053 2.97 4 -0.27
Oil (CL) 97.49 101.28 1.04 2 5.16

(Legend: Mode: green = bullish, pale green = weak bullish – may have peaked, red = bearish, pink = mildly bearish – may have bottomed | Key: key reversal level | for more details about these key levels, see: https://lunatictrader.wordpress.com/key-reversal-levels/

Monthly key reversal levels for other world markets:

Monthly Current Mode Key (M) MoM (M) Months % Ch
Australia (AORD) 5,205.10 4,799.68 5.81 15 14.77
Brazil (BOVESPA) 47,639.00 55,913.78 -2.41 20 -12.57
Canada (TSX) 13,694.90 12,517.63 4.25 12 7.49
China (SSEC) 2,033.08 2,290.62 -1.19 44 -21.13
Dow Jones Industrials 15,698.85 14,218.23 7.01 27 31.35
France (CAC40) 4,165.72 3,753.17 6.46 13 12.51
Gold stocks (XAU) 90.71 141.11 -6.02 25 -49.88
Hong Kong (HSI) 22,035.42 21,381.34 1.93 15 2.14
India (SENSEX) 20,513.85 18,476.37 3.76 16 9.21
Indonesia (JCI) 4,418.76 4,089.42 -0.86 55 118.01
Italy (MIB) 19,418.34 16,478.59 4.82 4 11.08
Malaysia (KLCI) 1,804.03 1,647.41 5.75 54 53.55
Mexico (IPC) 40,879.75 39,395.58 -0.23 54 50.99
Russell 2000 1,130.88 955.07 8.51 24 41.89
Singapore (STI) 3,027.22 3,199.68 -0.09 0 0.00
South Africa (JOHA) 45,132.10 38,387.21 8.32 51 71.21
South Korea (KOSPI) 1,941.15 1,891.69 0.97 4 -2.83
Spain (IBEX35) 9,920.20 8,330.90 5.97 4 8.09
Switzerland (SMI) 8,191.30 7,238.18 7.03 18 28.00

(Legend: Mode: green = bullish, pale green = weak bullish – may have peaked, red = bearish, pink = mildly bearish – may have bottomed | Key: key reversal level | for more details about these key levels, see: https://lunatictrader.wordpress.com/key-reversal-levels/

Comments:
* Singapore (STI) has fallen below its key reversal level and is now long term bearish. Will take a monthly close above 3199.64 to turn it bullish again.

Good luck,
Danny

Related articles:
Monthly key reversal levels January 2014

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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