1. Reversal Levels - Outlook for week of January 30, 2017
State of the market
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Number of S&P 500 stocks in bullish trends (blue line): 350 (70%) versus 343 last week.
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Number of S&P 500 stocks in daily bullish mode (red line): 322 (64%) versus 303 last week.
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Situation is bullish, but number of stocks in bullish trends remains on the low side. 400 or more is
typically seen in a strong bull market.
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Red line is below blue line, the market is consolidating or starting a pullback. © Reversallevels.com

2. 
All major stocks indexes remain in bullish trends and stay well above
their weekly RevL.
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Partial profits signal for DAX. A 16% gain in 27 weeks.
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Bonds stay weak bearish.
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Gold and EURUSD are trying to rebound, aiming for their weekly RevL.

Oil is weak bullish. Keeps struggling to get away from the $52 level.
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Wheat is in bullish trend. Needs follow through.
© Reversallevels.com
Major indices

3. 
Buy signal for India and Mexico.

Partial profits signal for Canada. A 15% gain in
46 weeks.

Partial profits signal for Russia. A 46% gain in
47 weeks.

Partial profits signal for Dow Industrials. A 6%
gain in 11 weeks.

All but a few world markets are in bullish trends.
There is no way to know when a move will end,
so we hold on until Sell signals appear.
World markets
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4. 
Buy signal for CSCO.
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Sell signal for GE and VZ.
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Partial profits signal for DIS. A 12% gain in 11
weeks.
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Partial profits signal for JPM. A 35% gain in 28
weeks.

22 stocks bullish, down from 23 last week.
Above 20 = fully bullish market. See article:
Keeping an eye on the Dow stocks

The Dow has broken above the 20000 level, but
almost half the Dow stocks have downward
MoM and 8 stocks are in bearish trends.

This means the participation in the latest rally is
rather weak and that’s a bit of a concern going
forward.
.
30 Dow Jones Industrials stocks
© Reversallevels.com

5. 
Bullish divergence for GBPUSD. Can be used as a speculative Buy.

Partial profits signal for Bitcoin.

Partial profits signals for USDTRY.
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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
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6. 
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
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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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