Dow Jones Industrial Average

Outlook for September

Stock markets have reached new highs last week. The S&P 500 has climbed above 2000 for the first time and now sits right at our Top target at 2004. Further gains appear likely, but September and October are two months with a rather bad reputation and that may prompt investors to take some profits. Let’s… Continue reading Outlook for September

Key reversal levels for week of July 14, 2014

Our key tables and comments for this week : * The FTSE100 index has gone into fully bearish mode, the first major market to do so. The DAX is weak as well, but still holding above its weekly key reversal level. Both are testing their Bottom1 targets already. The US markets have been stronger and… Continue reading Key reversal levels for week of July 14, 2014

Key reversal levels for week of June 23, 2014

Comments for this week : * Continuing bull markets in all major indexes. If the FTSE100 rises a little bit next week we will have a fully bullish picture for stocks again. When and where will it end? Nobody knows. Keeping an eye on the key reversal levels and MoM indicators will tell us when… Continue reading Key reversal levels for week of June 23, 2014

Key reversal levels for week of June 2, 2014

Comments for this week : * After a strong week in the stock markets we remain with a fully bullish picture and upward weekly MoM for most major indexes. A pullback will start eventually, and stagnating MoM in the daily keys will normally offer us the first clues when the current rally is nearing an… Continue reading Key reversal levels for week of June 2, 2014

Key reversal levels for week of May 26, 2014

Comments for this week : * In the weekly key reversal levels for major stock indexes we have momentum (MoM) turning up for the Nasdaq and Nikkei. This means all major markets are trying to push higher again. * On the daily level markets have turned to bullish mode as well. It is always hard… Continue reading Key reversal levels for week of May 26, 2014