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Outlook for Week of December 11, 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 December 11, 2017

  1. 1. Reversal Levels - Outlook for week of December 11, 2017  Number of S&P 500 stocks in bullish trends (blue line): 381 (76%) versus 370 last week.  Number of S&P 500 stocks in daily bullish mode (red line): 354 (71%) versus 402 last week.  Situation stays bullish and the number of stocks in bullish trends keeps going up. But the red line has fallen back below the blue line, suggesting a pause or pullback has started. ©
  2. 2.  Ongoing partial profits signal for S&P 500. A 22% gain since our weekly Buy signal 56 weeks ago.  Partial profits signal for Nikkei, a 13% gainer in 12 weeks.  MoM has turned down for most major indexes. May have peaked.  Bonds TLT stay bullish. Needs follow through.  Gold is giving a Sell signal. Start of new bearish trend.  EURUSD is fully bullish and appears ready for further gains.  Oil stays in fully bullish trend. Hold on.  Wheat is fully bearish with downward MoM. Back below 400 and no signs of a bottom. © Major indices
  3. 3.  Bullish divergence for Spain IBEX.  Most world markets stay in bullish trends, but MoM has turned down for all but a few countries. This suggests a significant pause or correction has started. World markets ©
  4. 4.  Bearish divergence for TRV.  Partial profits signal for BA. A 112% gain in 61 weeks.  Partial profits signal for CAT. A 91% gain in 79 weeks.  Partial profits signal for CSCO. A 17% gain in 14 weeks.  Partial profits signal for MCD. A 44% gain in 55 weeks.  Partial profits signal for MMM. A 39% gain in 56 weeks.  Partial profits signal for MSFT. A 57% gain in 73 weeks.  Partial profits signal for UNH. A 53% gain in 59 weeks.  Partial profits signal for V. A 37% gain in 48 weeks.  27 stocks bullish, unchanged from 27 last week. Above 20 = bull market. See article: Keeping an eye on the Dow stocks  Bullish participation is good, but partial profits signals for 8 stocks suggests a peak is near. If the number of bullish stocks drops below 15 it would tell us a bear market has started. 30 Dow Jones Industrials stocks ©
  5. 5.  Bullish divergence for USDCNY.  Bitcoin is having a massive 5980% gain since our entry more than 2 years ago. Trading at 3x its weekly reversal level BTC could have a huge crash here and still stay in bullish trend. This is where we use the daily reversal levels to take some money off the table at opportune points. Don’t be too greedy, nothing ever keeps going up in a straight line.  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.