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 7, 2022

Number of S&P 500 stocks in bullish trends (blue line): 208 (42%) versus 197 last week.

Number of S&P 500 stocks in daily bullish mode (red line): 314 (63%) versus 386 last week.

Situation is bearish 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: down | BMO: up | Blue snake: down | Repellor: down.

BMO keeps going up. ELC is flattening out at its lowest level since 2009. This bear market could be
over, but it’s still early days.
© Reversallevels.com
S&P 500 Weekly chart

3. 
SwX reverst to red -bearish. Weekly MoM goes up with bullish divergence.

Early October low has become a must hold level.
© Reversallevels.com
S&P 500 - Weekly

4. 
SwX is red bearish. Weekly MoM is going up with bullish divergence.

Gold hangs on just below the $1680 level. A breakout about the green line would be bullish.
© Reversallevels.com
Gold - Weekly

5. 
SwX is yellow - neutral. Weekly MoM keeps going up.

Important support at 18000 has held and the rally is gaining more traction. © Reversallevels.com
Bitcoin - Weekly

6. 
Buy signals for Sweden OMX30 and Thailand
SET.

Bullish divergence for BCOM Commodity
Index.

Speculative Buy signal for Hong Kong HSI
and Taiwan TAIEX.

Turkey BIST100 is our current best
performer. It is up 185% since its Buy signal
54 weeks ago.
World markets
© Reversallevels.com

7. 
Sell signal for USDBRL.

Partial profits for USDJPY. A 39% gain in 91 weeks.

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.
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