Key reversal levels for week of April 14, 2014

Comments on the key levels for this week : * Nice drops in the Nasdaq and S&P 500 this week. This is the correction we have been warning for since the middle of March. US markets are now testing their weekly key reversal levels. Next week we will probably know if the Nasdaq and S&P… Continue reading Key reversal levels for week of April 14, 2014

Key reversal levels for week of April 7, 2014

Comments on the key levels for this week : * It was an interesting first week of April. One reader was puzzled and asking how our system can be bullish for the S&P 500 and bearish for Nasdaq. But here we are a few weeks later and the Nasdaq is already more than 5% below… Continue reading Key reversal levels for week of April 7, 2014

Key reversal levels for week of March 17, 2014

Comments for this week (the key reversal tables are below) : * DAX, FTSE 100 and Nikkei have closed below their weekly key reversal levels and are now in fully bearish mode. Avoid until we see weekly MoM turning back up for these markets. * The Nasdaq and S&P 500 are quite a bit stronger… Continue reading Key reversal levels for week of March 17, 2014

Key reversal levels for week of March 10, 2014

Comments for this week (the reversal tables are posted below) : * The Nikkei has closed above its weekly key reversal level and is now bullish again. But it could be a fake out move as its weekly MoM remains to the downside, which is suspect. If Nikkei moves above 15500 we can become more… Continue reading Key reversal levels for week of March 10, 2014

Key reversal levels for week of February 24, 2014

Key reversal levels for next week: Weekly Current Mode Key (W) MoM (W) Weeks % Ch. Nasdaq 4,263.41 3,903.20 6.03 59 38.01 S&P 500 1,836.25 1,766.65 2.27 64 29.65 Nikkei 14,865.67 15,239.04 -1.45 2 1.49 FTSE 100 6,838.10 6,554.90 0.42 0 0.00 DAX 9,656.95 9,056.11 3.64 32 17.23 Bonds (TLT) 106.67 104.84 2.86 4 -0.51… Continue reading Key reversal levels for week of February 24, 2014