Diese Präsentation wurde erfolgreich gemeldet.
Wir verwenden Ihre LinkedIn Profilangaben und Informationen zu Ihren Aktivitäten, um Anzeigen zu personalisieren und Ihnen relevantere Inhalte anzuzeigen. Sie können Ihre Anzeigeneinstellungen jederzeit ändern.

Key reversal levels for week of December 8, 2014

3.572 Aufrufe

Veröffentlicht am

Weekly key reversal levels for stocks, gold and currencies. Including my weekly comments on the state of the markets. Trend following method keeps you on the right side of the market most of the time, and helps to avoid big losses on investments.

Veröffentlicht in: Wirtschaft & Finanzen
  • Als Erste(r) kommentieren

  • Gehören Sie zu den Ersten, denen das gefällt!

Key reversal levels for week of December 8, 2014

  1. 1. Key reversal levels for week of December 8, 2014  Major stock indexes remain fully bullish.  MoM turns back down for bonds (TLT). Hesitating. Good chance to take some profits.  Gold is a speculative long term buy. Potential rally to test the weekly key level, currently at $1245  $EURUSD continues to build a base near 1.25. Still a speculative buy.  Oil remains fully bearish. Waiting for MoM to turn up in the coming weeks. A -8 is rare on the weekly level. Once MoM turns up the rebound will target the weekly key level, currently at $88.39 Weekly keys: © LunaticTrader.com
  2. 2.  Stock indexes are close to Top targets and MoM now down for most of them. Ready for a little pullback.  Bonds stagnating. MoM down.  Gold struggling to break above $1200. MoM turning down points to a failed rally.  EURUSD still grinding lower. Has now been in daily bearish mode for 110 days = unusually long.  Oil still fully bearish with downward MoM. This is a waiting game. Both daily and weekly MoM are now at depressed -8 levels. Potential for a great bounce once we get upward MoM on oil. Daily keys: © LunaticTrader.com
  3. 3. Weekly keys for World markets and sectors:  Sell signal for Canada and Social Media sector.  Markets to watch, very close to turning bullish: Italy and South Korea.  Markets to watch, very close to turning bearish: Mexico and South Africa  Speculative buy: Gold stocks and South Korea.  Comment: We start seeing some deterioration after the massive rally from the October lows. Social media stocks, a leading sector for years, is switching into bearish mode again. An outlier? Or a canary in the coal mine? © LunaticTrader.com
  4. 4. Weekly keys for the 30 Dow stocks:  Buy signal for UTX  Sell signal for CAT, T and VZ  23 stocks bullish, down from 25 last week. Above 20 = healthy bull market. See article: Keeping an eye on the Dow stocks  Comment: Despite new record highs for Dow Industrials we see a bit weaker picture with several stocks turning bearish. No reason for panic, with the majority of stocks still nicely green. Note: the daily key levels for 100s of stocks and ETF can be picked up for a few $ on Scutify every day: click here © LunaticTrader.com
  5. 5. Key target zones:  A new Top2 target for Nasdaq at 4974  A new Top2 target for S&P 500 at 2137  A new Top2 target for Nikkei at 20240  A new Top2 target for DAX at 11074  A new Top2 target for TLT at 125.70 . Legend * = new or updated target Note: we use a +/-1% zone around these targets. These key target zones are a by-product of the key level calculations. When a key target is reached the market will typically react and turn back from it. On the second or third attempt the target gets finally broken and then the next target comes into play. So these key target zones can be used as price objectives for taking profits or for entering the market after a significant sell-off. They can be seen as a kind of pivot points. When MoM indicator reverses right near a key target it is very likely that the market has reached a temporary peak (or bottom). For more details about these key targets, see: http://lunatictrader.wordpress.com/2013/08/20/key-target-levels/ © LunaticTrader.com
  6. 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/ For daily key levels, regular market commentary or questions you are welcome to follow or contact us here:  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 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. © LunaticTrader.com The daily key levels for 100s of stocks and ETF can be picked up for a few $ on Scutify every day: click here
  7. 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/ For daily key levels, regular market commentary or questions you are welcome to follow or contact us here:  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 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. © LunaticTrader.com The daily key levels for 100s of stocks and ETF can be picked up for a few $ on Scutify every day: click here

×