1. 1. Outlook for Week of July 20, 2015 MoM turns up for Nasdaq, continuation of bullish trend. German DAX is giving a buy signal. FTSE 100 is only index that remains in bearish trend, now needing a weekly close above 6916 to turn bullish. Bonds (TLT) in weak bearish trend, trying to climb to its RevL at 123.22 Gold keeps weakening. Avoid until weekly MoM turns back up.. $EURUSD stays fully bearish. May be headed for new multi-year lows. Oil remains fully bearish. The $50 level may offer some support. Wheat stays fully bullish, but needs urgent follow through. Weekly Reversal Levels For long term investing ReversalLevels.com
2. 2. Follow us on Twitter where we post these reversal levels every day All major stock indexes have gone into bullish mode last week. Nice rallies so far, and MoM is not overly high so there is further room to rise. Buy signal for bonds (TLT). Previous rally attempt failed quickly. Let's see if this one carries on. Gold is fully bearish with downward MoM. Wouldn't touch it until we see signs of a bottom. $EURUSD is declining again. No signs of a bottom yet. Oil is trying to stabilize near $50. Could see a bounce towards the RevL at $56.41 Wheat is giving a sell signal. Waiting for the next buying opportunity. Daily Reversal Levels For shorter term trading ReversalLevels.com
3. 3. Buy signal for France, Spain and Switzerland. Weak buy signal for Dow Industrials. Comments: Significant improvements last week. Four markets are getting back into the bullish camp. And MoM is turning up for almost half of the markets in the list. A greening up in the MoM column typically precedes the start of new bullish trends. But a failure to do so would become a very bearish omen. Some cautious optimism is warranted at this point. Weekly Reversal Levels for World markets For long term investing ReversalLevels.com
4. 4. Weak buy signal for GE, which is bouncing right back after last week's sell signal. Comments: 13 stocks bullish, up from 12 last week. Below 15 = mildly bearish market. See article: Keeping an eye on the Dow stocks Some improvement versus last week. And 5 stocks are picking up positive MoM We need to see more healing to consider the Dow in healthy bull market status. But this is a good first step. Weekly Reversal Levels for 30 Dow stocks For long term investing ReversalLevels.com The weekly reversal levels for over 1500 stocks and ETF can be picked up for free on ReversalLevels.com every weekend The daily reversal levels for over 1500 stocks and ETF are available for a few $ on Scutify every day: click here
5. 5. More details about the reversal levels and how to use them in your trading can be found at ReversalLevels.com 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: 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. The weekly reversal levels for over 1500 stocks and ETF can be picked up for free on ReversalLevels.com every weekend The daily reversal levels for over 1500 stocks and ETF are available for a few $ on Scutify every day: click here
6. 6. More details about the reversal levels and how to use them in your trading can be found at ReversalLevels.com 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: 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. The weekly reversal levels for over 1500 stocks and ETF can be picked up for free on ReversalLevels.com every weekend The daily reversal levels for over 1500 stocks and ETF are available for a few $ on Scutify every day: click here