Solunar Harmony

All four markets with Solunar Models are following current seasonal direction; stocks up, gold down, oil down, rates up.   I note that the Solunar Models have periods of effectiveness and periods of ineffectiveness. They are most effective when markets are emotional.

0714163daynewhighs

click chart to enlarge Short term topping.

071416spxyensmall

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Nikkei still lagging.

071416spxyenmed

click chart to enlarge

In yen terms, S&P rally is move back into resistance.

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Not Bearish

Perhaps we should simply concede July to the bulls? Five charts - five bullish arguments.

070616spxAD

click chart to enlarge Short-term overbought, but no divergence, healthy.

0706163daynewhigsh

click chart to enlarge Short-term overbought, but no divergence, healthy.

070616pump

click chart to enlarge Relentless

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Unchaperoned

I leave you all alone for a week and look what happens.

070316spxAD

click chart to enlarge

A helluva bullish divergence last week, and now the oscillator has taken out any potential bearish divergence. This chart is bullish

070216pumpsmall

click chart to enlarge

The Central Banks haven't given up.

070216pumpbig

click chart to enlarge

070216goldyen

click chart to enlarge

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Brexit, Pursued by a Bear

Extra credit if you caught the literary reference in today's title.

062516spiral

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The five tops hang from the Spiral not unlike an Alexander Calder mobile.

Mobile c.1932 Alexander Calder 1898-1976 Lent from a private collection 1992 http://www.tate.org.uk/art/work/L01686
Mobile c.1932 Alexander Calder 1898-1976 Lent from a private collection 1992 http://www.tate.org.uk/art/work/L01686

click chart to enlarge

062516nikyenbig

click chart to enlarge

062516nikspx

click chart to enlarge

062516yengold

click chart to enlarge

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