Christopher Carolan on Financial Markets & Lunar Cycles
Markets get crazy at turning points.
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We've had three indicators trigger in the euro in the span of three daily bars. That's a legitimate reversal signal.
A legitimate sell signal cluster on the daily bond chart.
A look at May's madness.
click chart to enlarge
The euroyen S&P correlation is disengaged.
Stocks ignored the seasonals in May, to put it lightly.
The Gold Solunar Model is looking for two more months of declines.
U.S. Stock prices are disconnecting from even the Central Bank easing indicators of late.
Printing presses VS. Cycle.
The FED printing presses have won recent battles. I'm not sure they'll win the war.
I continue to think U.S. stock prices are on the verge of a short, sharp, shock here.
Signals are aligned for lower stock prices now.