Christopher Carolan on Financial Markets & Lunar Cycles
I'm seeing some weakening in the stock trend.
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click chart to enlarge
The pump is still driving stocks higher.
The stock uptrend remains intact.
Stuck for now between resistance and support. That doesn't just describe stocks, but describes most markets now.
Some markets are pinned between close-in support and resistance levels.
Chart discussion for the week ahead.
A full course this evening, VIX, Money Printing Pump, S&P 500 AD line and the Dow Solunar Model.
Metals continue to lead all markets.