Key reversal levels for February 4
Posted by Danny on February 4, 2014
Daily key reversal levels for today:
| 2/3/2014 |
Current |
Mode |
Key (D) |
MoM (D) |
Days |
% Ch. |
W |
Str. # |
| Nasdaq |
3,996.96 |
|
4,152.83 |
-4.74 |
6 |
-3.27 |
|
7 |
| S&P 500 |
1,741.89 |
|
1,816.57 |
-7.42 |
6 |
-2.74 |
|
7 |
| Nikkei |
14,619.13 |
|
15,562.89 |
-7.86 |
6 |
-3.13 |
|
7 |
| FTSE 100 |
6,465.70 |
|
6,685.88 |
-8.12 |
6 |
-2.97 |
|
11 |
| DAX |
9,186.52 |
|
9,504.97 |
-4.80 |
6 |
-2.16 |
|
7 |
| Bonds (TLT) |
109.32 |
|
105.38 |
8.99 |
16 |
5.35 |
|
2 |
| Gold (spot) |
1,257.35 |
|
1,236.24 |
1.16 |
16 |
0.75 |
|
14 |
| $EURUSD |
1.3526 |
|
1.3644 |
-1.09 |
2 |
-0.21 |
|
7 |
| Oil (CL) |
96.43 |
|
95.35 |
4.67 |
8 |
-0.27 |
|
14 |
(Legend: Mode : green = bullish, pale green = weak bullish – may have peaked, red = bearish, pink = mildly bearish – may have bottomed | Key: key reversal level | W: weekly mode | for more details about these key levels, see: https://lunatictrader.wordpress.com/key-reversal-levels/ )
Important developments:
* Stock markets remain in declining mode. MoM indicator reaching very pessimistic levels, so a bounce can start any day.
*Oil (CL) is stalling just above its key reversal level. May turn bearish.
PS: if you are looking for key reversal levels for other world markets or individual stocks, then follow me on Twitter.
Danny
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This entry was posted on February 4, 2014 at 8:48 am and is filed under Market Commentary.
Tagged: $EURUSD, FTSE 100 Index, gold, key levels, Nasdaq, S&P 500. You can follow any responses to this entry through the RSS 2.0 feed.
You can leave a response, or trackback from your own site.
Key reversal levels for February 4
Posted by Danny on February 4, 2014
Daily key reversal levels for today:
(Legend: Mode : green = bullish, pale green = weak bullish – may have peaked, red = bearish, pink = mildly bearish – may have bottomed | Key: key reversal level | W: weekly mode | for more details about these key levels, see: https://lunatictrader.wordpress.com/key-reversal-levels/ )
Important developments:
* Stock markets remain in declining mode. MoM indicator reaching very pessimistic levels, so a bounce can start any day.
*Oil (CL) is stalling just above its key reversal level. May turn bearish.
PS: if you are looking for key reversal levels for other world markets or individual stocks, then follow me on Twitter.
Danny
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This entry was posted on February 4, 2014 at 8:48 am and is filed under Market Commentary. Tagged: $EURUSD, FTSE 100 Index, gold, key levels, Nasdaq, S&P 500. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.