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Outlook for Week of January 20, 2020


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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.

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Outlook for Week of January 20, 2020

  1. 1. Reversal Levels - Outlook for week of January 20, 2020  Number of S&P 500 stocks in bullish trends (blue line): 408 (82%) versus 376 last week.  Number of S&P 500 stocks in daily bullish mode (red line): 409 (82%) versus 340 last week.  Situation is bullish and the number of stocks in bullish trends is going up. The red line is back above the blue line. This indicates a continuing rally. ©
  2. 2.  ELC: up | BMO: up | Blue snake: up | Repellor: up.  BMO has turned back up. ELC stays bullish. So, up it goes. © S&P 500 Weekly chart
  3. 3.  Partial profits signal for S&P 500. A 15% gain in 32 weeks.  All major markets stay in bullish trends.  Bonds TLT are fully bullish with upward MoM. Need follow through.  Gold is fully bullish and trying to push higher. Is up 24% since our weekly Buy signal 58 weeks ago.  EURUSD is in a young bullish trend. Needs follow through to avoid a failed rally.  Oil reverts to weak bullish with downward MoM. May test its RevL in the coming weeks. © Major indices
  4. 4.  Partial profits signal for Russia RTS. A 22% gain in 19 weeks.  Partial profits signal for Switzerland SMI. A 20% gain in 52 weeks.  Partial profits signal for Taiwan TAIEX. A 19% gain in 48 weeks.  Partial profits signal for Turkey BIST100. A 23% gain in 29 weeks.  Nearly all world markets are in bullish trends. Only Thailand SET stays weak bearish.  Our current best performer is the Gold stocks index XAU. A 38% gain since its Buy signal 32 weeks ago and the move is ongoing. Be patient with winners. World markets ©
  5. 5.  Buy signals for CSCO, HD and IBM.  Sell signal for WMT.  Bearish continuation for XOM.  Partial profits signal for GS. A 15% gain in 12 weeks.  Partial profits signal for JNJ. An 11% gain in 9 weeks.  Partial profits signal for MSFT. A 56% gain in 52 weeks.  Partial profits signal for UNH. A 21% gain in 13 weeks.  Partial profits signal for V. A 46% gain in 50 weeks.  23 stocks bullish, up from 21 last week. Above 20 = bullish. Keeping an eye on the Dow stocks  In major market advances the number of bullish stocks typically goes above 25. That hasn’t happened yet.  Apple remains our best performer. A 60.5% gain since its Buy signal 30 weeks ago and the move is ongoing.  It’s very important to let winners run. 80% of our annual profits will typically come from just 20% of our trades. Aka the “pareto principle”. 30 Dow Jones Industrials stocks ©
  6. 6.  Buy signal for Bitcoin.  Bullish divergence for Ethereum.  Currencies tend to make long trending moves, so we don’t get weekly Buy or Sell signals so often.  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 weekly bullish trends and sell the rips during weekly bearish trends. Forex & Crypto ©
  7. 7.  On Twitter:  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 3000 stocks and ETF are available by monthly subscription. For less than $1 a day you can become a more efficient investor: 1 Month ($22) 6 Months ($110) 1 Year ($199) 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.