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.

1. Reversal Levels - Outlook for week of September 21, 2020

Number of S&P 500 stocks in bullish trends (blue line): 323 (65%) versus 329 last week.

Number of S&P 500 stocks in daily bullish mode (red line): 234 (47%) versus 192 last week.

Situation is bullish but the number of stocks in bullish trends is going down. The red line is below the
blue line. This indicates an ongoing pullback or pause.
© Reversallevels.com

2. 
ELC: up | BMO: down | Blue snake: up | Repellor: up.

BMO is in a bearish divergence. ELC would paint a huge double bearish divergence if it turns down
again. This continues to be an ugly setup with a lot of downside potential.
© Reversallevels.com
S&P 500 Weekly chart

3. 
Bullish divergence for FSTE 100.

Most markets stay weak bullish.

Bonds TLT are weak bullish with downward MoM.

Gold is weak bullish and consolidating its recent gains.

EURUSD is weak bullish with downward MoM. May have peaked.

Oil stays weak bullish and has regained the $40 level.
© Reversallevels.com
Major indices

4. 
Partial profits signal for Dow Transports. A
14.7% gain in 15 weeks.

Partial profits signal for BCOM. A 9.7% gain
in 10 weeks.

Gold stocks XAU is our current best
performer. It is up 45% since its Buy signal
22 weeks ago.
World markets
© Reversallevels.com

5. 
Sell signal for $GS.

22 stocks bullish, down from 23 last week.
Above 20 = bull market. See:
Keeping an eye on the Dow stocks

AAPL remains our current best performer. A
53.7% gain since its Buy signal 22 weeks ago
and the move is ongoing.
.
30 Dow Jones Industrials stocks
© Reversallevels.com

6. 
Partial profits signal for USDTRY. A 29.6% gain in 55 weeks.

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
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7. 
On Twitter: http://twitter.com/lunatictrader1

On Stocktwits: http://stocktwits.com/LunaticTrader

Website: 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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