The new lunar red period has started with fresh selling pressure in stocks and the weekly reversal levels stay in bearish trend for most markets. It looks like our LT wave for September is panning out quite well, but there is still more than a week to go so we can’t take anything for granted.… Continue reading Has oil bottomed?
Tag: oil
Key reversal levels for week of August 4, 2014
Our key tables and comments for this week, now in slideshow format. Click the “Expand” button (bottom right) to watch in full screen mode. Click on “Slideshare” (bottom left) if you want to save and print it. If you have any trouble to see the presentation below, then you can also click here. Good luck,… Continue reading Key reversal levels for week of August 4, 2014
Key reversal levels for week of June 16, 2014
Comments for this week : * Stock markets are hesitating after the recent series of new highs. On the weekly level the bull markets are intact, but in the daily key reversal levels we now see all major indexes with downward MoM, and the FTSE100 has fallen into bearish mode. This can be considered a… Continue reading Key reversal levels for week of June 16, 2014
Key reversal levels for week of March 31, 2014
Comments for this week (the key reversal tables are below) : * The Nasdaq has continued its recent weakness and went into declining mode when it closed below its daily key reversal level last Monday. The S&P 500 and the Dow Jones have been stronger and have not dropped below any key levels yet. *… Continue reading Key reversal levels for week of March 31, 2014
Key reversal levels for week of January 13, 2014
Key reversal levels for this week: Weekly Current Mode Key (W) MoM (W) Weeks % Ch. Nasdaq 4,174.67 3,834.56 8.16 53 35.14 S&P 500 1,842.37 1,752.02 7.43 58 30.08 Nikkei 15,912.06 14,684.32 7.98 59 68.10 FTSE 100 6,739.90 6,541.16 1.25 2 -0.16 DAX 9,473.24 8,936.79 6.78 26 15.00 Bonds (TLT) 104.41 106.56 -2.83 34 -9.88… Continue reading Key reversal levels for week of January 13, 2014