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Outlook for Week of January 29, 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 January 29, 2018

  1. 1. Reversal Levels - Outlook for week of January 29, 2018  Number of S&P 500 stocks in bullish trends (blue line): 414 (83%) versus 399 last week.  Number of S&P 500 stocks in daily bullish mode (red line): 408 (82%) versus 392 last week.  Situation stays bullish and the number of stocks in bullish trends keeps going up. The red line has fallen below the blue line, but only slightly so. This could mark the beginning of a correction or bear market. ©
  2. 2.  Ongoing partial profits signal for Nikkei. A 17% gain in 19 weeks.  All major stock indexes remain in bullish trends and well above their weekly reversal levels.  Bonds TLT are in a young bearish trend.  Gold is in a bullish trend and adding to gains. Hold.  EURUSD is fully bullish and adding to gains. Hold.  Oil stays fully bullish as well. But weekly MoM is in the +8 euphoric zone.  Wheat is giving a Buy signal. Start of a new bullish trend. © Major indices
  3. 3.  Partial profits signal for Dow Transports. A 16% gain in 19 weeks.  Most world markets stay in bullish trends, and MoM keeps pointing up for all but a few indexes.  The situation can hardly become more bullish. But that’s also a danger. Once we get MoM changes the downturn could come unexpectedly quick. World markets ©
  4. 4.  Sell signal for PG.  Partial profits signal for JPM. A 33% gain in 33 weeks.  Partial profits signal for MCD. A 49% gain in 662 weeks.  Partial profits signal for MMM. A 50% gain in 63 weeks.  Partial profits signal for MSFT. A 75% gain in 80 weeks.  Partial profits signal for NKE. A 22% gain in 13 weeks.  Partial profits signal for UNH. A 70% gain in 66 weeks.  Partial profits signal for V. A 53% gain in 55 weeks.  Partial profits signal for WMT. A 50% gain in 48 weeks.  28 stocks bullish, down from 29 last week. Above 20 = bull market. See article: Keeping an eye on the Dow stocks  Bullish participation is extremely high, but we keep having a lot of partial profits signals. 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 USDMXN.  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.