1. Outlook for Week of May 18, 2015

Most major stock indexes remain in weak bullish mode, indicating an
ongoing pause or correction. S&P 500 keeps upward MoM, making it the
first candidate to print new record highs.

Bonds (TLT) are fully bearish. Avoid.

Gold stays weak bearish and is testing its weekly RevL. Needs a weekly
close above $1226.19 to get into bullish mode.

$EURUSD is closing in on its weekly RevL as well.

Oil is also testing its weekly RevL. No breakout into bullish mode yet.

Wheat has MoM turning up, indicating that the bottom could be in.
Weekly Reversal Levels
For long term investing
© LunaticTrader.com

2. 
US and Japanese market are back in bullish mode and may charge for
new highs. European indexes are lagging and stay in weak bearish mode.

Bonds (TLT) are bouncing back from a depressed -9 level in MoM. Can
climb back to its RevL.

Gold has made the surprise move to the upside we mentioned last week.
This means it is back in bullish mode with upward MoM.

EURUSD has added to gains and is still going strong. Wait for MoM to
turn down as first signs of a top.

Oil is consolidating its recent gains.

Wheat has jumped into bullish mode. Could be the start of a nice rally
with the weekly RevL (currently at 533) as its next upside target..
Daily Reversal Levels
For shorter term trading
© LunaticTrader.com

3. 
Buy signal for Turkey.

Partial profits signal for South Africa.

Comment: Most markets are in bullish mode,
but many remain with downward MoM. This is
not abnormal. In most cases it indicates a
sideways consolidation or a brief pullback. If
markets start falling back into bearish mode,
then we know it could be more than a brief
pullback.
Weekly Reversal Levels for World markets
For long term investing
© LunaticTrader.com

4. 
Weak Buy signal for MMM

Sell signal for DD

Partial profits signal for GE

20 stocks bullish, unchanged from 20 last week.
At 20 = questionable bull market. See article:
Keeping an eye on the Dow stocks

Comment: We keep seeing cross-currents. DD
falls right back after giving a buy signal last
week. MMM jumps back into bullish mode.
Three stocks see MoM turn up, three stocks
have MoM turn down.
And we remain stay stuck at 20 bullish stocks,
needing one more to get it back to healthy bull
market status. Maybe next week.
Weekly Reversal Levels for 30 Dow stocks
For long term investing
© LunaticTrader.com
The weekly reversal levels for over 1500 stocks
and ETF can be picked up for free on my blog
every weekend
The daily reversal levels for over 1500 stocks
and ETF are available for a few $ on Scutify
every day: click here

5. More details about the reversal levels and how to use them in your trading can
be found here: http://lunatictrader.wordpress.com/key-reversal-levels/

Blog: http://LunaticTrader.Wordpress.com

On Twitter: http://twitter.com/lunatictrader1

On Scutify: https://www.scutify.com/profiles/LunaticTrader

On Stocktwits: http://stocktwits.com/LunaticTrader
For daily reversal levels, regular market commentary or questions
you are welcome to follow or contact us here:
© LunaticTrader.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.
LunaticTrader 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.
The weekly reversal levels for over 1500 stocks and ETF can be picked up for
free on my blog every weekend
The daily reversal levels for over 1500 stocks and ETF are available for a few $
on Scutify every day: click here

6. More details about the reversal levels and how to use them in your trading can
be found here: http://lunatictrader.wordpress.com/key-reversal-levels/

Blog: http://LunaticTrader.Wordpress.com

On Twitter: http://twitter.com/lunatictrader1

On Scutify: https://www.scutify.com/profiles/LunaticTrader

On Stocktwits: http://stocktwits.com/LunaticTrader
For daily reversal levels, regular market commentary or questions
you are welcome to follow or contact us here:
© LunaticTrader.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.
LunaticTrader 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.
The weekly reversal levels for over 1500 stocks and ETF can be picked up for
free on my blog every weekend
The daily reversal levels for over 1500 stocks and ETF are available for a few $
on Scutify every day: click here