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Outlook for Week of December 4, 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 4, 2017

  1. 1. Reversal Levels - Outlook for week of December 4, 2017  Number of S&P 500 stocks in bullish trends (blue line): 370 (74%) versus 340 last week.  Number of S&P 500 stocks in daily bullish mode (red line): 402 (80%) versus 322 last week.  Situation stays bullish and the number of stocks in bullish trends is going up again. The red line has climbed above the blue line, which is consistent with a continuing bull market. 80% stocks in bullish mode is the highest since March. ©
  2. 2.  Ongoing partial profits signal for S&P 500. A 22% gain since our weekly Buy signal 55 weeks ago.  Sell signal for FTSE 100. First major index to start a new bearish trend.  Bonds TLT are bullish.  Gold is fully bullish and needs follow through to avoid a failed rally.  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. © Major indices
  3. 3.  Sell signal for Sweden OMX30.  Partial profits signal for Canada. A 3.8% gain in 10 weeks.  Partial profits signal for Hong Kong. A 27% gain in 46 weeks.  Partial profits signal for Singapore. An 18% gain in 52 weeks.  Most world markets stay in bullish trends, but MoM is turning down for even more indexes. This suggests some markets may have peaked for a while.  Taking advantage of partial profits signals to raise some cash is always a good idea. World markets ©
  4. 4.  Buy signal for IBM and VZ. Weak Buy for XOM.  Partial profits signal for BA. A 102% gain in 60 weeks.  Partial profits signal for CAT. A 88% gain in 78 weeks.  Partial profits signal for CSCO. A 17% gain in 13 weeks.  Partial profits signal for MCD. A 44% gain in 54 weeks.  Partial profits signal for MMM. A 40% gain in 55 weeks.  Partial profits signal for MSFT. A 57% gain in 72 weeks.  Partial profits signal for UNH. A 55% gain in 58 weeks.  Partial profits signal for V. A 34% gain in 47 weeks.  27 stocks bullish, up from 24 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.  Sell signal for USDINR.  Partial profits signal for USDTRY. A 9.7% gain in 9 weeks.  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.