1. Outlook for Week of June 8, 2015

MoM turns down for US indexes, giving a partial profits signal for the
Nasdaq.

FTSE100 is giving a sell signal, the first major index to do so.

Bonds (TLT) stay fully bearish. Waiting for signs of a bottom.

MoM turns down for gold, signaling a continuation of its bear market.

$EURUSD is sputtering just below its weekly RevL. A 55 week bear
market is not over yet.

Oil has lost upward MoM, so back to fully bearish. Can add to shorts.

Wheat is rather neutral with upward MoM. Waiting for a bullish breakout.
Weekly Reversal Levels
For long term investing
© LunaticTrader.com

2. 
Most major indexes are pulling back, with only the Nasdaq and Nikkei
staying weak bullish. Daily MoM is downward for all markets.

Bonds were rejected at their RevL last week and are continuing their
down trend.

Gold is fully bearish with downward MoM. No signs of a bottom.

EURUSD went into bullish mode 3 days ago. Will need follow through to
keep it up.

Oil is back to fully bearish mode. Could fall back to $50.

Wheat is in another rally attempt. The previous one failed quickly. First
target is the weekly RevL, currently near 531.
Daily Reversal Levels
For shorter term trading
© LunaticTrader.com

3. 
Sell signal for Russia, South Africa and Spain.

Comment: A clear deterioration in int'l markets.
We have 3 sellers, and MoM is now down for all
but a few markets.
China is the big exception, going from record to
record with MoM at the maximum +10. As soon
as MoM turns down for China it will be a sign to
take partial profits.
Weekly Reversal Levels for World markets
For long term investing
© LunaticTrader.com

4. 
Sell signal for INTC MMM and VZ

Partial profits signal for CSCO

17 stocks bullish, down from 20 last week.
Below 20 = struggling bull market. See article:
Keeping an eye on the Dow stocks

Comment: With 3 sellers and more stocks
losing upward MoM it looks like the market is
veering to the downside. If the number of bullish
stocks drops below 15 it will indicate a possible
bear market. There is no reason for panic, but
there is good reason for a bit more caution at
this point.
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