Latest daily key reversal levels:
| 2/4/2014 |
Current |
W |
Mode |
Key (D) |
MoM (D) |
Days |
% Ch. |
Str. # |
| Nasdaq |
4,031.52 |
|
|
4,141.25 |
-5.60 |
7 |
-2.44 |
7 |
| S&P 500 |
1,755.20 |
|
|
1,811.33 |
-8.05 |
7 |
-2.00 |
7 |
| Nikkei |
14,008.47 |
|
|
15,486.54 |
-8.38 |
7 |
-7.18 |
7 |
| FTSE 100 |
6,449.30 |
|
|
6,666.84 |
-8.34 |
7 |
-3.22 |
11 |
| DAX |
9,127.91 |
|
|
9,470.66 |
-5.67 |
7 |
-2.78 |
7 |
| Bonds (TLT) |
108.16 |
|
|
105.54 |
8.91 |
17 |
4.23 |
2 |
| Gold (spot) |
1,254.01 |
|
|
1,237.11 |
0.93 |
17 |
0.48 |
14 |
| $EURUSD |
1.3517 |
|
|
1.3630 |
-2.03 |
3 |
-0.27 |
7 |
| Oil (CL) |
97.19 |
|
|
95.44 |
3.98 |
9 |
0.52 |
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/ )
Comments:
* All daily signals are profitable for the moment, as you can see from the green color in the “% Ch.” column. That’s of course what we are aiming for.
* MoM indicator has reached very pessimistic -8 levels for several stock indexes. So, we wait for MoM to turn up.
* It will be interesting to see how the week closes. As it now stands the Nikkei and the S&P 500 are set to go bearish on the weekly level.
* Stay tuned for my upcoming free ebook with key reversal strategies. The number in the “Str. #” column will then point to more specific info on how to handle the given market situation.
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 5, 2014 at 9:32 am and is filed under Market Commentary.
Tagged: key levels. You can follow any responses to this entry through the RSS 2.0 feed.
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LunaticTrader
Key reversal levels for February 5
Posted by Danny on February 5, 2014
Latest daily key reversal levels:
(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/ )
Comments:
* All daily signals are profitable for the moment, as you can see from the green color in the “% Ch.” column. That’s of course what we are aiming for.
* MoM indicator has reached very pessimistic -8 levels for several stock indexes. So, we wait for MoM to turn up.
* It will be interesting to see how the week closes. As it now stands the Nikkei and the S&P 500 are set to go bearish on the weekly level.
* Stay tuned for my upcoming free ebook with key reversal strategies. The number in the “Str. #” column will then point to more specific info on how to handle the given market situation.
PS: if you are looking for key reversal levels for other world markets or individual stocks, then follow me on Twitter.
Danny
Share this:
Like this:
This entry was posted on February 5, 2014 at 9:32 am and is filed under Market Commentary. Tagged: key levels. 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.