More Related Content More from LunaticTrader (17) Oulook for Week of June 6, 20161. Outlook for Week of June 6, 2016
No major changes for stock indexes. Markets are trying to make up their
mind: rally further to new highs..., or turn down.
If markets turn down then look for VIX to climb to its weekly reversal
level.
Bonds show bullish continuation. Back to fully bullish with upward MoM.
Gold tested its weekly reversal level and is bouncing back from it. Stays
in weak bullish trend.
EURUSD also successfully tested its weekly reversal level. Weak bullish.
Oil keeps going. Hold until weekly MoM turns down.
Wheat stays in bullish trend and seems gaining some traction. Hold.
Weekly Reversal Levels
For long term investing
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S&P 500 stays in bullish mode. Other markets are hesitating and appear
ready to fall back.
VIX remains in bearish mode.
Bonds gave a buy signal last week and are fully bullish.
Gold is weak bearish and very close to its reversal level. Can it get back
into bullish mode? We will find out soon.
$EURUSD gives a Buy signal.
Oil is weak bullish and looks ready to test its daily reversal level.
Wheat is “double green” and may be ending its multi-month chop.
Daily Reversal Levels
For swing trading
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3.
No major changes this week.
The table looks like a mixed bag. Some markets
are bearish, others are bullish, and the next
major direction is in the balance at this point.
Just stick to the markets that are in bullish
trends and wait on the others.
Weekly Reversal Levels for World markets
For long term investing
© Reversallevels.com
4.
Weak Buy signal for CAT.
Partial profits signal for XOM.
25 stocks bullish, up from 24 last week. Above
20 = bullish market. See article:
Keeping an eye on the Dow stocks
Some improvement this week, with several
stocks getting upward weekly MoM again.
Looks like this market wants to continue
upwards.
Weekly Reversal Levels for 30 Dow stocks
For long term investing
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The weekly reversal levels for over 2500 stocks
and ETF can be picked up for free
on Reversallevels.com every weekend
The daily reversal levels for over 2500 stocks
and ETF are available per monthly subscription:
click here
5. More details about the reversal levels and how to use them in your trading can
be found at Reversallevels.com
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Disclaimer
Investing in stocks, forex or commodities is risky. No guarantee can be given that the opinions or predictions given in this presentation will be correct.
Reversallevels.com cannot in any way be responsible for eventual losses you may incur if you trade based on the given information.
Simulated trading programs in general are subject to the fact that they are designed with the benefit of hindsight.
No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.
Trade at your own risk and responsibility.
The weekly reversal levels for over 2500 stocks and ETF can be picked up for
free on Reversallevels.com every weekend
The daily reversal levels for over 2500 stocks and ETF are available per
monthly subscription: click here