Outlook for Week of November 21, 2016

Major markets stay in bullish trends, except for Australia.

Bonds are in bearish trend with downward MoM. Out or short.

Gold stays fully bearish.

EURUSD is in bearish trend and testing major long term support levels. No signs of a bottom.

Oil is in a new bearish trend, but tries to fight back.

Wheat is in weak bearish trend but struggles to get away from the 400 level. If MoM turns back down it will be a bearish continuation.

Weekly Reversal LevelsFor long term investing

© Reversallevels.com

Partial profits signal for Chile. An 11% gain in 39 weeks..

Not much change this week. Most markets keep having downward weekly MoM, so it’s too early to declare the recent declines over.

We keep sticking to the stronger markets and wait for the next Buy opportunities.

Weekly Reversal Levels for World marketsFor long term investing

© Reversallevels.com

Buy signal for MCD.

Sell signal for WMT.

20 stocks bullish, unchanged from 20 last week. Above 15 = mildly bullish market. See article: Keeping an eye on the Dow stocks

Little change this week and we stay with 20 bullish stocks.

If the number of bullish stocks drops back below 15 in the coming weeks then it will not look good. For now we have to favor further upside in this index and Dow 20k is likely to become an attractor.

Weekly Reversal Levels for 30 Dow stocksFor long term investing

© Reversallevels.com

Buy signal for USDJPY.

Sell signal for AUDUSD.

We keep riding up Bitcoin BTCUSD, now a 186% gainer since it gave a weekly Buy signal 57 weeks ago.

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.

Weekly Reversal Levels for CurrenciesFor long term investing

© Reversallevels.com

Facebook page: https://www.facebook.com/Reversallevels/

On Twitter: http://twitter.com/lunatictrader1

On Stocktwits: http://stocktwits.com/LunaticTrader

Website: Reversallevels.com

For daily reversal levels, regular market commentary 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.

The daily reversal levels for over 2700 stocks and ETF are available by monthly subscription: click here

Comes with full instructions and strategies for using the reversal levels and the MoM indicator in your own trading. Give it a try.