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 avoiding big losses.

1. Reversal Levels - Outlook for week of November 22, 2021

Number of S&P 500 stocks in bullish trends (blue line): 348 (70%) versus 364 last week.

Number of S&P 500 stocks in daily bullish mode (red line): 275 (55%) versus 346 last week.

Situation is bullish but the number of stocks in bullish trends is going down. The daily bullish% (red
line) is well below the blue line. This means a pullback or correction may have started.
© Reversallevels.com

2. 
ELC: down | BMO: up | Blue snake: up | Repellor: up.

Market is retesting the steep overhead trendline. A blow-off stage would start if it breaks out to the
upside. BMO is in the +2 peak zone, so a pullback is becoming more likely.
© Reversallevels.com
S&P 500 Weekly chart

3. 
SwX is yellow and weakening. Continuation of the bull market is in doubt

Weekly MoM is still climbing, so watching out for the turn.
© Reversallevels.com
S&P 500 - Weekly

4. 
SwX turns red. Weakening market

Weekly MoM has turned down from a high peak. Not sure the trendline will stop the decline.
© Reversallevels.com
Oil - Weekly

5. 
SwX stays red (bearish) and weekly MoM turns down. Looks like the double top we warned for.

Watch the trendline possible support, currently near $50,000. © Reversallevels.com
Bitcoin - Weekly

6. 
Sell signal for Spain IBEX35.

Partial profits signals for Argentina MERVAL,
Indonesia JCI and Israel TA100.

Most global markets stay in bullish trends.

Nigeria NGSE is our current best performer.
It is up 71% since its Buy signal 78 weeks
ago.
World markets
© Reversallevels.com

7. 
Buy signals for USDCAD, USDCHF and USDRUB.

Sell signal for AUDUSD.

Partial profits signal for USDTRY.

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: http://twitter.com/lunatictrader1

On Stocktwits: http://stocktwits.com/LunaticTrader

Daily blog posts: Reversallevels.com
For daily comments and questions you can find us here:
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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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