More Related Content More from LunaticTrader (17) Oulook for Week of November 9, 20151. Outlook for Week of November 9, 2015
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Buy signal for DAX. Nikkei and FTSE100 keep stagnating just below their
weekly RevL .
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Bonds give a sell signal after several weeks of sideways action.
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Gold is also giving a sell signal.
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EURUSD continues its decline, now 77 weeks in bearish mode.
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Oil is weak bearish. Must start rallying soon, otherwise MoM will probably
turn back down, which would indicate a continuing bear market in oil.
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Wheat stays bullish.
Weekly Reversal Levels
For long term investing
Β© Reversallevels.com
2. Follow us on Twitter where we post these reversal levels every day
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All major stock indexes are in weak bullish mode, with the exception of
FTSE, where MoM is turning back up.
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Bonds (TLT) are fully bearish.
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Gold is also fully bearish. Looks ready for new lows.
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$EURUSD sees MoM turn back down. Continuation of decline. Stay short
(or out)
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Oil gives a sell signal after another failed rally. Weak.
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Wheat is adding to gains and stays fully bullish. Hold.
Daily Reversal Levels
For swing trading
Β© Reversallevels.com
3. ο¬
Buy signal for Russell 2000.
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Sell signal for Dow Utilities and India.
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Bitcoin is up 48% since it gave a buy signal
three weeks ago. Waaw.
Comments:
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MoM turns down for Dow Utilities and Gold
stocks, two sectors that dislike rising interest
rates.
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We see some hesitation this week. Several
markets stay just below their RevL, also the
MSCI world index. MoM stays up for most
markets, so there is no reason for panic.
Weekly Reversal Levels for World markets
For long term investing
Β© Reversallevels.com
4. ο¬
Buy signal for GS and JPM.
Comments:
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23 stocks bullish, up from 21 last week. 20 or
more = bullish market. See article:
Keeping an eye on the Dow stocks
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The table has greened up very nicely in recent
weeks. As long as it stays like this things are
looking good.
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If the number of bullish stocks drops back
below 15 (which could be months away) then
we will have to become more cautious again.
Weekly Reversal Levels for 30 Dow stocks
For long term investing
Β© Reversallevels.com
The weekly reversal levels for over 2500 stocks
and ETF can be picked up for free
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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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Blog: http://LunaticTrader.Wordpress.com
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For daily reversal levels, regular market commentary or questions
you are also welcome to follow or contact us here:
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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