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Outlook for Week of September 11, 2017

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Free weekly newsletter with outlook and brief 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.

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Outlook for Week of September 11, 2017

  1. 1. Reversal Levels - Outlook for week of September 11, 2017  Number of S&P 500 stocks in bullish trends (blue line): 290 (58%) versus 296 last week.  Number of S&P 500 stocks in daily bullish mode (red line): 306 (61%) versus 285 last week.  Situation is still bullish and the number of stocks in bullish trends stays close to 60%. The red line has climbed just above the blue line, which is a positive step. But a proper rally after a consolidation normally pushes the red line up to 80% stocks in bullish mode. © Reversallevels.com
  2. 2.  S&P 500 is in weak bullish trend. FTSE 100 and Brazil Bovespa are fully bullish.  German DAX is very close to its weekly RevL with MoM turning back up. A weekly close above 12309.47 would be a Buy signal.  Bonds are in bullish trend. Hold.  Gold is in a bullish trend and adding to recent gains. Hold.  EURUSD is weak bullish and keeps giving a partial profits signal. Could fall back towards its weekly RevL.  Oil sees MoM turn down, changes to weak bullish trend.  Wheat is in a bearish trend. © Reversallevels.com Major indices
  3. 3.  Sell signal for Spain IBEX.  Partial profits signal for Chile. A 20% gain in 34 weeks.  Partial profits signal for Hong Kong. A 21% gain in 34 weeks.  Partial profits signal for Turkey. A 39% gain in 36 weeks.  Most world markets stay in bullish trends, but MoM is still down for half of the countries.  Will the recent corrections continue or will the bull markets resume to the upside? In the latter case we should see MoM turn back up for more markets. We will find out soon. World markets © Reversallevels.com
  4. 4.  Buy signal for MRK.  Sell signal for GS and VZ.  Ongoing speculative Buy signal for GE.  Partial profits signal for CAT. A 56% gain in 66 weeks.  Partial profits signal for MCD. A 33% gain in 42 weeks.  Partial profits signal for UNH. A 35% gain in 46 weeks.  Partial profits signal for V. A 27% gain in 35 weeks.  20 stocks bullish, down from 21 last week. Above 20 = bull market. See article: Keeping an eye on the Dow stocks  Bullish participation stays rather low for a market near all time highs. If the number of bullish stocks drops below 15 it would tell us a bear market has started. . 30 Dow Jones Industrials stocks © Reversallevels.com
  5. 5.  Bullish divergence for USDINR. Can be used as a speculative Buy.  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 © Reversallevels.com
  6. 6.  On Twitter: http://twitter.com/lunatictrader1  On Facebook: https://wwww.facebook/Reversallevels/  On Stocktwits: http://stocktwits.com/LunaticTrader  Website: Reversallevels.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 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.

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