1.
Key reversal levels for week of August 4, 2014

DAX has entered bearish mode.

MoM is turning down for the
Nasdaq.

MoM is also turning down for gold,
which is coming close to its
weekly key reversal level.
Weekly keys:
© LunaticTrader.com

2.

US and European stock indexes
are in daily declining mode with
downward MoM. Waiting for 1st
signs of a bottom when MoM turns
back up.

Bonds have been rejected at their
Top1 target and entered declining
Mode.

Gold still weak.

Euro has held its Bottom1 target
at 1.34 and sees MoM turning up
from a low level. A rebound rally
appears to be starting

Oil remains fully bearish.
Daily keys:
© LunaticTrader.com

3.

Russell 2000, Italy, Russia and
Switzerland have turned bearish.
-> most European markets now in
weekly bearish Mode.

Weekly MoM is turning down for
Canada. -> take (partial) profits.

Asian markets clearly stronger
than the ROW right now.
Weekly keys for World markets and sectors:
© LunaticTrader.com

4.

Weekly sell signals for AXP, CAT,
DD, KO, PFE, TRV and XOM

18 stocks bullish, down from 25
last week. Below 20 = struggling
bull market. See:
Keeping an eye on the Dow stocks

MoM turning down for CSCO,
CVX, NKE, PFE, UNH, V and
WMT

Only 6 stocks remain with weekly
upward MoM

Clearly a deteriorating picture for
most Dow stocks -> remaining
very cautious
Weekly keys for the 30 Dow stocks:
© LunaticTrader.com

5.

We have a refined Top1 target for
S&P 500 at 2004

A new Bottom2 target for
$EURUSD at 1.3135.

FTSE100 is testing its Bottom1
target at 6642

Euro appears to hold its Bottom1
target at 1.3403.
Key target zones:
Legend
* = new or updated target
Note: we use a +/-1% zone around these targets.
For more details about these key targets, see:
http://lunatictrader.wordpress.com/2013/08/20/key-target-levels/
© LunaticTrader.com

6.
More details about the key 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: http://www.scutify.com/profiles/scutifier.aspx?q=LunaticTrader

On Stocktwits: http://stocktwits.com/LunaticTrader
For daily key 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.

7.
More details about the key 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: http://www.scutify.com/profiles/scutifier.aspx?q=LunaticTrader

On Stocktwits: http://stocktwits.com/LunaticTrader
For daily key 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.