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Outlook for Week of August 14, 2017


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Free weekly newsletter with outlook and brief comments for world stock markets. Weekly reversal levels for stocks, gold and currencies. This method was designed to keep you on the right side of the market most of the time, letting the winners run while avoiding big losses on investments.

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Outlook for Week of August 14, 2017

  1. 1. Reversal Levels - Outlook for week of August 14, 2017  Number of S&P 500 stocks in bullish trends (blue line): 314 (63%) versus 341 last week.  Number of S&P 500 stocks in daily bullish mode (red line): 173 (35%) versus 283 last week.  Situation is still bullish but the number of stocks in bullish trends keeps going down. The red line has dropped below 50% and is now at its lowest level since November. Possible start of a bigger correction or bear market. ©
  2. 2.  Sell signal for German DAX. Joins Australia AOI in bearish trend. Other major stock indexes are mostly weak bullish and not far above their RevL. Brazil is a bit stronger atm.  Bonds stay weak bullish. If MoM turns back up it would show a bullish continuation.  Gold is in a fresh bullish trend and adding to gains. Hold.  EURUSD is fully bullish but keeps giving a partial profits signal. 1.18 remains overhead resistance..  Oil is in a fresh bullish trend. Needs to get above $50 for continuation.  Wheat is giving a Sell signal. Start of a new bearish trend. © Major indices
  3. 3.  Sell signals for France and Russell 2000 index.  Partial profits signal for Turkey. A 37% gain in 32 weeks.  Partial profits signal for Dow Industrials. A 16% gain in 39 weeks.  Most world markets stay in bullish trends and well above their weekly RevL. But we start seeing a few more sellers.  We just ride the moves until we get Sell signals. Taking some partial profits on a pP signal is always a good way to take the risk out of a position and raise some cash. World markets ©
  4. 4.  Speculative Buy signal for GE.  Sell signal for DIS.  Partial profits signal for UNH. A 32% gain in 42 weeks.  24 stocks bullish, down from 25 last week. Above 20 = bull market. See article: Keeping an eye on the Dow stocks  Dow stocks are holding up better than the overall market.  You can still take some money off the table in the stocks that are giving partial profits signals. . 30 Dow Jones Industrials stocks ©
  5. 5.  No major changes this week.  Note: Currencies tend to make long trending moves, so we don’t get weekly Buy or Sell signals very often. Keep trading in the direction of the weekly trend and you are likely to do well in the long run. Currencies ©
  6. 6.  On Twitter:  On Facebook: https://wwww.facebook/Reversallevels/  On Stocktwits:  Website: For daily comments and questions you can find us here: © 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. 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. Subscription service Daily reversal levels for over 2700 stocks and ETF are available by monthly subscription. For just $1 a day you can become a more efficient investor: click here Comes with full instructions and strategies for using the reversal levels and MoM indicator in your own trading. This is an honest method with limited risk, not a get rick quick formula. Give it a try.