Free weekly newsletter with outlook and brief comments for world stock markets. Weekly reversal levels for stocks, gold, crypto currencies and forex. This method was designed to keep you on the right side of the market most of the time, letting the winners run while keeping losses small.

1. Reversal Levels - Outlook for week of November 21, 2022

Number of S&P 500 stocks in bullish trends (blue line): 304 (61%) versus 297 last week.

Number of S&P 500 stocks in daily bullish mode (red line): 428 (86%) versus 439 last week.

Situation is bullish and the number of stocks in bullish trends is going up. The daily bullish% (red line)
stays above the blue line. Ongoing rally.
© Reversallevels.com

2. 
ELC: up | BMO: up | Blue snake: up | Repellor: down.

This is a major rebound rally, if not a new bull market. A move above the Repellor at 4133 would add
to bullish evidence.
© Reversallevels.com
S&P 500 Weekly chart

3. 
SwX stays yellow - neutral. Weekly MoM goes up with bullish divergence.

Early October low has become a must hold level. Overhead resistance starts around 4100.
© Reversallevels.com
S&P 500 - Weekly

4. 
SwX unexpectedly turns red again. Weekly MoM is going up with bullish divergence.

A convincing breakout from the recent downtrend. Looking good with plenty room to rise. © Reversallevels.com
Gold - Weekly

5. 
SwX is red bearish. Weekly MoM is going down.

Important support at 18000 has suddenly given way. Wait for signs of a bottom. © Reversallevels.com
Bitcoin - Weekly

6. 
No major changes this week.

Turkey BIST100 is our current best
performer. It is up 206% since its Buy signal
56 weeks ago.
World markets
© Reversallevels.com

7. 
Weekly MoM turns back down for Bitcoin and Ethereum. Continuing bear markets.

Note 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 bullish
trends and sell the rallies during bearish trends.
Forex & Crypto
© Reversallevels.com

8. 
On Twitter: https://twitter.com/lunatictrader1

On Stocktwits: https://stocktwits.com/LunaticTrader

Blog 1: Reversallevels.com

Blog 2: LunaticTrader.com
For daily comments and questions you can find us here:
© Reversallevels.com
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.
Subscription service
Daily reversal levels for over 3000 stocks and ETF are available by monthly subscription.
Discover how 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 rich quick formula.
Give it a try.