Comments for this week : * Another strong week for stocks and the Nikkei has finally joined the other markets by turning bullish on the weekly level. All major indexes remain with upside weekly MoM. * In the daily key levels most markets are still going strong as well. The DAX and the FTSE100 are… Continue reading Key reversal levels for week of June 9, 2014
Tag: FTSE 100 Index
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
Key reversal levels for week of May 19, 2014
Comments on the key levels for this week : * No changes in our weekly key reversal levels for major stock indexes. * On the daily level we have some flip-flopping going on. Nasdaq and S&P 500 have joined the Nikkei by going into bearish mode with downward momentum (MoM). The DAX and FTSE100 remain… Continue reading Key reversal levels for week of May 19, 2014
Key reversal levels for week of May 12, 2014
Comments on the key levels for this week : * Little change in our weekly key levels for major stock indexes. For Nikkei we have MoM turning down, which indicates a continuation of bearish mode, now in its 8th week. * On the daily level the Nasdaq and Nikkei remain in bearish mode, while the… Continue reading Key reversal levels for week of May 12, 2014
Key reversal levels for week of May 5, 2014
Comments on the key levels for this week : * Major stock markets have put in a strong week. The FTSE100 has broken above its weekly key reversal level and is now bullish again. This leaves Nikkei as the only major market that is still bearish on the weekly level. Meanwhile weekly MoM is turning… Continue reading Key reversal levels for week of May 5, 2014
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