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Reversal Levels - Outlook for week of February 26, 2018
ïŹ
Number of S&P 500 stocks in bullish trends (blue line): 293 (59%) versus 277 last week.
ïŹ
Number of S&P 500 stocks in daily bullish mode (red line): 223 (45%) versus 187 last week.
ïŹ
Situation is bullish and the number of stocks in bullish trends is improving again. The red line stays
below the blue line and well below 50%. This suggests the correction or bear market is not over.
© Reversallevels.com
ïŹ
ELC: down = bearish. BMO: down = bearish.
ïŹ
This is a correction or early stage bear market.
ïŹ
When BMO turns back up we may have a tradeable bottom.
© Reversallevels.com
S&P 500 Weekly chart
ïŹ
Weak Buy signal for Australia AOI, joining the S&P 500 and Brazil
Bovespa in bullish trends.Other major world markets are still bearish.
ïŹ
Partial profits signal for Brazil Bovespa. Can take some profits here.
ïŹ
Bonds TLT are in bearish trend. Stay out or short.
ïŹ
Gold is showing a bearish divergence. May go for a test of its RevL.
ïŹ
EURUSD sees MoM turn down. Changes to weak bullish. May have
peaked.
ïŹ
Oil is weak bullish and may go for a test of its weekly RevL.
ïŹ
Wheat is in a young bullish trend. Hold.
© Reversallevels.com
Major indices
ïŹ
Speculative Buy signal for Dow Utilities.
ïŹ
Weak Buy signals for Singapore, Taiwan and
Russell 2000. May be fake-out moves.
ïŹ
Partial profits signal for Indonesia. A 25%
gain in 59 weeks.
ïŹ
Partial profits signal for Malaysia. A 6% gain
in 10 weeks.
ïŹ
Many markets have rebounded and we get a
few weak Buy signals. That’s better than
nothing but may prove to be a bull trap.
ïŹ
Weekly MoM stays down for nearly all
markets, so patience is still a good idea.
World markets
© Reversallevels.com
ïŹ
Weak Buy signal for DWDP. Possible fake-out
move.
ïŹ
Sell signals for VZ and WMT.
ïŹ
Partial profits signal for CSCO. A 37% gain in
25 weeks.
ïŹ
Partial profits signal for MSFT. A 75% gain in 84
weeks.
ïŹ
17 stocks bullish, down from 18 last week.
Above 20 = bull market. See article:
Keeping an eye on the Dow stocks
ïŹ
Bullish participation stays weak. If we get back
above 20 bullish stocks then we will know the
correction or bear market is over.
ïŹ
There are ongoing partial profits signals you
can use to raise some cash if you have negated
the earlier pP signals.
.
30 Dow Jones Industrials stocks
© Reversallevels.com
ïŹ
Buy signal for USDINR.
ïŹ
Speculative Buy signal for USDCNY.
ïŹ
Note: Currencies tend to make long trending moves, so we don’t get weekly Buy or Sell signals very
often. Keep trading in the direction of the weekly trend and you are likely to do well in the long run.
Currencies
© Reversallevels.com
ïŹ
On Twitter: http://twitter.com/lunatictrader1
ïŹ
On Facebook: https://wwww.facebook/Reversallevels/
ïŹ
On Stocktwits: http://stocktwits.com/LunaticTrader
ïŹ
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 2700 stocks and ETF are available by monthly subscription.
For just $1 a day you can become a more efficient investor: click here
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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Outlook for Week of February 26, 2018

  • 1. Reversal Levels - Outlook for week of February 26, 2018 ïŹ Number of S&P 500 stocks in bullish trends (blue line): 293 (59%) versus 277 last week. ïŹ Number of S&P 500 stocks in daily bullish mode (red line): 223 (45%) versus 187 last week. ïŹ Situation is bullish and the number of stocks in bullish trends is improving again. The red line stays below the blue line and well below 50%. This suggests the correction or bear market is not over. © Reversallevels.com
  • 2. ïŹ ELC: down = bearish. BMO: down = bearish. ïŹ This is a correction or early stage bear market. ïŹ When BMO turns back up we may have a tradeable bottom. © Reversallevels.com S&P 500 Weekly chart
  • 3. ïŹ Weak Buy signal for Australia AOI, joining the S&P 500 and Brazil Bovespa in bullish trends.Other major world markets are still bearish. ïŹ Partial profits signal for Brazil Bovespa. Can take some profits here. ïŹ Bonds TLT are in bearish trend. Stay out or short. ïŹ Gold is showing a bearish divergence. May go for a test of its RevL. ïŹ EURUSD sees MoM turn down. Changes to weak bullish. May have peaked. ïŹ Oil is weak bullish and may go for a test of its weekly RevL. ïŹ Wheat is in a young bullish trend. Hold. © Reversallevels.com Major indices
  • 4. ïŹ Speculative Buy signal for Dow Utilities. ïŹ Weak Buy signals for Singapore, Taiwan and Russell 2000. May be fake-out moves. ïŹ Partial profits signal for Indonesia. A 25% gain in 59 weeks. ïŹ Partial profits signal for Malaysia. A 6% gain in 10 weeks. ïŹ Many markets have rebounded and we get a few weak Buy signals. That’s better than nothing but may prove to be a bull trap. ïŹ Weekly MoM stays down for nearly all markets, so patience is still a good idea. World markets © Reversallevels.com
  • 5. ïŹ Weak Buy signal for DWDP. Possible fake-out move. ïŹ Sell signals for VZ and WMT. ïŹ Partial profits signal for CSCO. A 37% gain in 25 weeks. ïŹ Partial profits signal for MSFT. A 75% gain in 84 weeks. ïŹ 17 stocks bullish, down from 18 last week. Above 20 = bull market. See article: Keeping an eye on the Dow stocks ïŹ Bullish participation stays weak. If we get back above 20 bullish stocks then we will know the correction or bear market is over. ïŹ There are ongoing partial profits signals you can use to raise some cash if you have negated the earlier pP signals. . 30 Dow Jones Industrials stocks © Reversallevels.com
  • 6. ïŹ Buy signal for USDINR. ïŹ Speculative Buy signal for USDCNY. ïŹ Note: Currencies tend to make long trending moves, so we don’t get weekly Buy or Sell signals very often. Keep trading in the direction of the weekly trend and you are likely to do well in the long run. Currencies © Reversallevels.com
  • 7. ïŹ On Twitter: http://twitter.com/lunatictrader1 ïŹ On Facebook: https://wwww.facebook/Reversallevels/ ïŹ On Stocktwits: http://stocktwits.com/LunaticTrader ïŹ 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 2700 stocks and ETF are available by monthly subscription. For just $1 a day you can become a more efficient investor: click here 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.