Free weekly newsletter with outlook and brief comments for world stock markets. Weekly reversal levels for stocks, gold, crypto currencies and forex. 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.

1. Reversal Levels - Outlook for week of February 7, 2022

Number of S&P 500 stocks in bullish trends (blue line): 222 (44%) versus 226 last week.

Number of S&P 500 stocks in daily bullish mode (red line): 215 (43%) versus 101 last week.

Situation is bearish and the number of stocks in bullish trends keeps going down. The daily bullish%
(red line) is just below the blue line. Correction or bear market may have ended, but too early to tell.
© Reversallevels.com

2. 
ELC: down | BMO: down | Blue snake: down | Repellor: up.

This is the deeper correction we warned for. The Repellor at 4380 was tested as expected and has
held up so far. Another test may follow.
© Reversallevels.com
S&P 500 Weekly chart

3. 
SwX is fully bearish. Monthly MoM keeps going down.

This is the most significant downturn in quite a while. Wait for signs of a tradeable bottom.
© Reversallevels.com
S&P 500 - Weekly

4. 
SwX stays yellow = neutral. MoM is flat just above zero.

The breakout from the triangle has not happened yet, there is ongoing hesitation. © Reversallevels.com
Gold - Weekly

5. 
SwX stays red (bearish) and weekly MoM is on its way to a major low.

The 30k appears to have held and a rally attempt has started. © Reversallevels.com
Bitcoin - Weekly

6. 
Speculative Buy signal for Russia RTS.

Nigeria NGSE is our current best performer.
It is up 87% since its Buy signal 89 weeks
ago.
World markets
© Reversallevels.com

7. 
No major changes this week.

For daytraders or swing traders: if you do your trading in the direction of the weekly trend you are
likely to do well in the long run. So, try to buy the pullbacks in currencies pairs that are in bullish
trends and sell the rallies during bearish trends.
Forex & Crypto
© Reversallevels.com

8. 
On Twitter: https://twitter.com/lunatictrader1

On GETTR: https://gettr.com/user/lunatictrader

On Stocktwits: https://stocktwits.com/LunaticTrader

Daily blog posts: Reversallevels.com
For daily comments and questions you can find us here:
© Reversallevels.com
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.
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