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Outlook for Week of September 4, 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 4, 2017

  1. 1. Reversal Levels - Outlook for week of September 4, 2017  Number of S&P 500 stocks in bullish trends (blue line): 296 (59%) versus 288 last week.  Number of S&P 500 stocks in daily bullish mode (red line): 285 (57%) versus 202 last week.  Situation is still bullish and the number of stocks in bullish trends is going up again. The red line is back above 50% and close to climbing above the blue line, which would show a continuing rally. ©
  2. 2.  S&P 500 and FTSE 100 stay in weak bullish trends. Brazil remains the strongest market and is up 10% since our Buy signal 7 weeks ago.  Bonds are in bullish trend. Hold.  Gold is in a bullish trend and adding to recent gains. Hold.  EURUSD changes to weak bullish and keeps giving a partial profits signal. Could fall back towards its weekly RevL, currently at 1.1241  Oil is in a bullish trend. Needs follow through to avoid a failed rally.  Wheat is in a bearish trend. © Major indices
  3. 3.  Buy signal for Russia RTS.  Weak Buy signal for Russell 2000. Could be a fake-out move.  Bullish divergence for Canada TSX.  Partial profits signal for Chile. A 22% gain in 33 weeks.  Partial profits signal for Hong Kong. A 22% gain in 33 weeks.  Partial profits signal for Turkey. A 41% gain in 35 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 ©
  4. 4.  Buy signal for CSCO and PFE.  Sell signal for TRV.  Ongoing speculative Buy signal for GE.  Partial profits signal for CAT. A 57% gain in 65 weeks.  Partial profits signal for MCD. A 33% gain in 41 weeks.  Partial profits signal for V. A 26% gain in 34 weeks.  21 stocks bullish, up from 20 last week. Above 20 = bull market. See article: Keeping an eye on the Dow stocks  If the number of bullish stocks drops below 15 it would tell us a bear market has started. . 30 Dow Jones Industrials stocks ©
  5. 5.  Sell signal for USDRUB.  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 ©
  6. 6.  On Twitter:  On Facebook: https://wwww.facebook/Reversallevels/  On Stocktwits:  Website: For daily comments and questions you can find us here: © 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. 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.