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Outlook for Week of January 27, 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 27, 2020

  1. 1. Reversal Levels - Outlook for week of January 27, 2020  Number of S&P 500 stocks in bullish trends (blue line): 390 (78%) versus 408 last week.  Number of S&P 500 stocks in daily bullish mode (red line): 309 (62%) versus 409 last week.  Situation is bullish but the number of stocks in bullish trends is going down. The red line is back below the blue line. This indicates a pause or pullback has started. ©
  2. 2.  ELC: up | BMO: up | Blue snake: up | Repellor: up.  All indicators stay bullish. . © S&P 500 Weekly chart
  3. 3.  Ongoing partial profits signal for S&P 500. A 14% gain in 33 weeks.  Partial profits signal for Brazil Bovespa. A 22% gain in 34 weeks.  Bonds TLT are fully bullish with upward MoM.  Gold is fully bullish and trying to push higher. Is up 25% since our weekly Buy signal 59 weeks ago.  EURUSD is giving a Sell signal. Failed rally and start of a new bearish trend.  Oil is giving a Sell signal and thus also starting a new bearish trend. © Major indices
  4. 4.  Sell signals for Chile IPSA, Malaysia KLCI and Bloomberg Commodity index.  Partial profits signal for Israel TA100. A 17% gain in 48 weeks.  Partial profits signal for Russia RTS. A 19% gain in 20 weeks.  Partial profits signal for Switzerland SMI. A 20% gain in 53 weeks.  Partial profits signal for Taiwan TAIEX. A 20% gain in 49 weeks.  Partial profits signal for Turkey BIST100. A 23% gain in 30 weeks.  Our current best performer is the Gold stocks index XAU. A 42% gain since its Buy signal 33 weeks ago and the move is ongoing. Be patient with winners. World markets ©
  5. 5.  Sell signals for DOW and MRK.  Partial profits signal for AXP. An 11% gain in 11 weeks.  Partial profits signal for JNJ. A 10% gain in 10 weeks.  Partial profits signal for KO. A 21% gain in 40 weeks.  Partial profits signal for MSFT. A 54% gain in 53 weeks.  21 stocks bullish, down from 23 last week. Above 20 = bullish. See: 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 60.3% gain since its Buy signal 31 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.  No major changes this week.  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.