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Reversal Levels - Outlook for week of September 9, 2019

Number of S&P 500 stocks in bullish trends (blue line): 265 (53%...
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ELC: turning up | BMO: down | Blue snake: up | Repellor: up.

ELC turns back up, which puts the more bearish scenarios ...

Buy signal for DAX. Joins S&P 500, Australia AOI and Brazil Bovespa
in bullish trends.

Nikkei and FTSE 100 stay bearis...
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Buy signal for China SSEC, Netherlands AEX
and Sweden OMX30.

Weak Buy signal for Russia RTS and Dow
Industrials. Possi...

Buy signal for INTC, NKE and UTX.

Weak Buy signals for DIS and JPM.

Bullish divergence for MMM.
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Partial profits si...
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Bullish divergence for USDJPY.
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Currencies tend to make long trending moves, so we don’t get weekly Buy or Sell signals...

On Twitter: http://twitter.com/lunatictrader1

On Stocktwits: http://stocktwits.com/LunaticTrader

Website: Reversalle...
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Outlook for Week of September 9, 2019

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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.

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Outlook for Week of September 9, 2019

  1. 1. Reversal Levels - Outlook for week of September 9, 2019  Number of S&P 500 stocks in bullish trends (blue line): 265 (53%) versus 242 last week.  Number of S&P 500 stocks in daily bullish mode (red line): 364 (73%) versus 239 last week.  Situation is neutral and the number of stocks in bullish trends is going up. The red line has broken out above the blue line. This suggests a new rally phase has started. © Reversallevels.com
  2. 2.  ELC: turning up | BMO: down | Blue snake: up | Repellor: up.  ELC turns back up, which puts the more bearish scenarios on hold. BMO is flattening out just below the zero line, where minor pullbacks typically end. © Reversallevels.com S&P 500 Weekly chart
  3. 3.  Buy signal for DAX. Joins S&P 500, Australia AOI and Brazil Bovespa in bullish trends.  Nikkei and FTSE 100 stay bearish.  Bonds TLT stay fully bullish. But MoM is at the 10-euphoric stage. That’s rare on a weekly chart. Some serious cooling-off is probably up next.  Gold keeps giving a partial profits signal. A 20% gain in 39 weeks.  EURUSD is in a bearish trend and tries to defend the 1.10 level.  Oil is showing a bullish divergence. May have bottomed.  Wheat is in a bearish trend. © Reversallevels.com Major indices
  4. 4.  Buy signal for China SSEC, Netherlands AEX and Sweden OMX30.  Weak Buy signal for Russia RTS and Dow Industrials. Possible fake-out moves.  Partial profits signal for XAU Gold stocks. A 28% gain in 13 weeks.  Further improvements this week. World markets © Reversallevels.com
  5. 5.  Buy signal for INTC, NKE and UTX.  Weak Buy signals for DIS and JPM.  Bullish divergence for MMM.  Partial profits signal for KO. A 16% gain in 20 weeks.  Partial profits signal for PG. A 41% gain in 46 weeks.  17 stocks bullish, up from 12 last week. Back above 15 = mildly bullish market. See article: Keeping an eye on the Dow stocks  A big improvement this week. Five stocks get back into bullish trends and MoM is turning up for more stocks. . 30 Dow Jones Industrials stocks © Reversallevels.com
  6. 6.  Bullish divergence for USDJPY.  Currencies tend to make long trending moves, so we don’t get weekly Buy or Sell signals so often.  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 weekly bullish trends and sell the rips during weekly bearish trends. Forex & Crypto © Reversallevels.com
  7. 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: © 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 3000 stocks and ETF are available by monthly subscription. For less than $1 a day you can become a more efficient investor: 1 Month ($22) 6 Months ($110) 1 Year ($199) 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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