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Outlook for Week of July 17, 2017


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Free weekly newsletter with outlook and weekly 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.
Weekly reversal levels for over 2700 stocks and ETF are posted on the website every weekend.

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Outlook for Week of July 17, 2017

  1. 1. Reversal Levels - Outlook for week of July 17, 2017  Number of S&P 500 stocks in bullish trends (blue line): 345 (69%) versus 342 last week.  Number of S&P 500 stocks in daily bullish mode (red line): 317 (63%) versus 245 last week.  Situation is bullish and the number of stocks in bullish trends is stabilizing near 70%. The red line stays below the blue line despite new highs. That’s a bit of a negative, but we will see if that gets resolved next week. ©
  2. 2.  Buy signal for Brazil Bovespa. Australia AOI is the only major index that stays in bearish trend.  Bonds are still testing their weekly RevL. Could be a failing rally.  Gold is in a bearish trend.  EURUSD is fully bullish but keeps giving a partial profits signal. This means a pause or pullback is becoming very likely.  Oil changes to weak bearish. Could rally for a test of the RevL.  Wheat is still fully bullish. Hold on. © Major indices
  3. 3.  Buy signal for South Africa.  Partial profits signal for South Korea. A 18% gain in 30 weeks.  Partial profits signal for Taiwan. A 21% gain in 58 weeks.  Partial profits signal for Turkey. A 35% gain in 28 weeks.  Most world markets stay in bullish trends and well above their weekly RevL. MoM has turned back up for a bunch of markets, which suggests a continuing bull market.  We just ride the moves until we get Sell signals. Taking some partial profits on a pP signal is always a good way to take the risk out of a position and raise some cash. World markets ©
  4. 4.  Partial profits signal for BA. A 55% gain in 40 weeks.  Partial profits signal for JNJ. A 12% gain in 21 weeks.  Partial profits signal for MMM. A 23% gain in 35 weeks.  Partial profits signal for UNH. A 28% gain in 38 weeks.  20 stocks bullish, unchanged from 20 last week. Below 20 = sputtering bull market. See article: Keeping an eye on the Dow stocks  Number of bullish stocks stays on the low side. If the number of bullish stocks drops below 15 it would suggest a bear market is starting.  You can still take some money off the table in the stocks that are giving partial profits signals. . 30 Dow Jones Industrials stocks ©
  5. 5.  Sell signal for USDBRL.  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.