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Outlook for Week of February 12, 2018


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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 February 12, 2018

  1. 1. Reversal Levels - Outlook for week of February 12, 2018  Number of S&P 500 stocks in bullish trends (blue line): 254 (51%) versus 378 last week.  Number of S&P 500 stocks in daily bullish mode (red line): 33 (7%) versus 223 last week.  Situation is now long term neutral and the number of stocks in bullish trends keeps dropping sharply. The red line stays below the blue line and well below 50%. This means the correction or bear market is ongoing. ©
  2. 2.  Sell signal for Nikkei and Australia AOI.  The S&P 500 and Brazil Bovespa stay in bullish trends.  Bonds TLT are in bearish trend. Stay out or short.  Gold is in a bullish trend and needs follow through. Hold.  EURUSD stays fully bullish but MoM looks ready to reverse. Hold.  Oil changes to weak bullish because MoM has turned down. Probably peaked for a while.  Wheat is in a young bullish trend. Hold. © Major indices
  3. 3.  Sell signal for China, France, Italy, Mexico, Netherlands, Singapore, South Africa, South Korea, Spain, Taiwan, Dow Transports, XAU Gold stocks and Russell 2000.  Partial profits signal for Thailand. A 14% gain in 37 weeks.  As we have been warning in recent weeks, a downturn could come unexpectedly quick. Last week’s global panic selling has triggered weekly Sell signals in a lot of markets.  While stocks could rebound just as quickly as they have dropped, I wouldn’t bet on it. Just get out and wait for the next Buy signals.  Of course, it’s OK to stick to the stronger markets that are still in bullish trends. World markets ©
  4. 4.  Sell signal for AXP, CVX, DIS, DWDP, IBM, KO, MCD, MMM, MRK, PFE and XOM.  Partial profits signal for CSCO. A 23% gain in 23 weeks.  Partial profits signal for MSFT. A 64% gain in 82 weeks.  Partial profits signal for V. A 41% gain in 57 weeks.  15 stocks bullish, down from 26 last week. Above 20 = bull market. See article: Keeping an eye on the Dow stocks  Bullish participation takes a serious hit and this could easily be the start of a bear market if we get more Sell signals in the coming weeks. If we get back above 20 bullish stocks then we will know the correction or bear market is over.  The partial profits signals were too plentiful in recent weeks and now those stocks are giving Sell signals. Investors who took our partial profits signals will have cash ready when the next Buy signals come. . 30 Dow Jones Industrials stocks ©
  5. 5.  Buy signal for USDBRL and USDRUB.  Bullish divergence for EURGBP and USDCAD.  Bearish divergence for AUDUSD.  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.