Free weekly newsletter with outlook and brief comments for world stock markets. Weekly reversal levels for stocks, gold and currencies. This method was designed to keep you on the right side of the market most of the time, letting the winners run while avoiding big losses.

1. Reversal Levels - Outlook for week of September 23, 2019

Number of S&P 500 stocks in bullish trends (blue line): 354 (71%) versus 352 last week.

Number of S&P 500 stocks in daily bullish mode (red line): 378 (76%) versus 375 last week.

Situation is bullish and the number of stocks in bullish trends is going up. The red line stays above the
blue line. This indicates an ongoing rally.
© Reversallevels.com

2. 
ELC: up | BMO: up | Blue snake: up | Repellor: up.

All indicators stay bullish on the weekly chart. If ELC turns down again it would get us back into the
large bearish divergence situation. But that remains to be seen.
© Reversallevels.com
S&P 500 Weekly chart

3. 
Most major markets are in bullish mode with upward MoM.

FTSE 100 stays weak bearish.

Bonds TLT are weak bullish with downward MoM.

Gold keeps giving a partial profits signal. A 21% gain in 41 weeks.

EURUSD is in a bearish trend and struggles to stay above the 1.10
level.

Oil is weak bearish and closing in on its RevL.

Wheat changes to weak bearish.
© Reversallevels.com
Major indices

4. 
Buy signal for Chile IPSA, South Korea
KOSPI and Spain IBEX.

Further improvements this week. Nearly all
markets are back to bullish trend with upward
MoM.

How long or short will this bullish episode be?
We never know, it can be anything from a few
weeks to a few years.
World markets
© Reversallevels.com

5. 
Buy signal for CVX.

Sell signal for AXP.

Partial profits signal for PG. A 41% gain in 48
weeks.

21 stocks bullish, unchanged from 21 last week.
Above 20 = bullish market. See article:
Keeping an eye on the Dow stocks

In major market advances the number of bullish
stocks typically goes above 25. Not there yet.
.
30 Dow Jones Industrials stocks
© Reversallevels.com

6. 
Partial profits signal for USDCNY. A 4% gain in 19 weeks.

Currencies tend to make long trending moves, so we don’t get weekly Buy or Sell signals so often.

For daytraders or swing traders: if you do your trading in the direction of the weekly trend you are
likely to do well in the long run. So, try to buy the pullbacks in currencies pairs that are in weekly
bullish trends and sell the rips during weekly bearish trends.
Forex & Crypto
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7. 
On Twitter: http://twitter.com/lunatictrader1

On Stocktwits: http://stocktwits.com/LunaticTrader

Website: Reversallevels.com
For daily comments and questions you can find us here:
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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.
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