Investing with the Moon

  • Enter your email address to subscribe to this blog and receive notifications of new posts by email.

    Join 922 other subscribers
  • Archives

  • Categories

  • Tags

    $EURUSD 1920s Bitcoin bonds Brazil Brexit China crash Crude Oil DAX Dow 32000 Dow Jones Industrial Average Earl Eclipse Euro financial astrology FTSE 100 Index gold Greece Hong Kong iceberg key levels long term LT wave lunar cycle lunar cycles mania Market trend method MoM monthly Nasdaq Nikkei oil Oil Prices outlook QE Quantitative easing reversal levels S&P 500 SKEW solar cycle stock market stocks strategy Sunspot Technical analysis TLT VIX weekly

LT wave for November

Posted by Dan on November 2, 2015

The market was about flat last week and the lunar red period ended with a solid 167 point gain on the Nasdaq. It is the first time this year that stocks gain during a red period, which suggests underlying strength in the market. Can the market go even higher in the new green period? Let’s have a look at the Nasdaq (click image to enlarge it):


The Nasdaq has come a long way since the late September lows. A 12% climb in 4 weeks has made most indicators look very overbought. The fast Earl (blue line) is turning down again while the slower Earl2 (orange line) is getting very high. The MoM indicator is going into the very optimistic +8 zone, which has usually been consistent with short term peaks (see green arrows). The situation asks for some consolidation period, but will we get it? The market may just stretch itself for another couple of weeks and try to get back to its summer highs without looking back. I don’t know at this point, neither a further climb nor a pullback would surprise me.

The LT wave chart for November doesn’t rule out further gains either (click image to enlarge it):

LT wave

For October the LT wave correctly indicated strength in the first half of the month, but expected weakness in the second half did not pan out. The drops in the LT wave coincided with very mild pullbacks, but the overall up trend remained intact. It will be interesting to see whether this continues into November. The LT wave projects some weakness in the first days followed by a positive bias until the 13th. The rest of the months is rather neutral. Lowest values of the month come on the 4th, the 19th and the 26th, the highest LT wave reading is on the 11th.

Good luck,

Post a comment (disagreement also welcome):

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: