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 and avoids big losses on investments.

1. Key reversal levels for week of July 28, 2014
● No major changes in the weekly key
levels. Also no changes in direction of
MoM.
● Stocks remain a rather mixed bag with
Nasdaq and Nikkei strongly bullish
while the FTSE100 remains weekly
bearish. MoM remains to the
downside for S&P 500, despite higher
highs last week. This reflects a state
of indecision.
● Bonds remain strong while Euro
continues to erode.
Weekly keys:
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2. ● On the daily level all major stock
markets except Germany are in rally
mode with upward MoM. MoM is
nowhere near the optimistic +8 zone,
so from that point of view there is
further room to run.
● Bonds have climbed to their Top2
target, but MoM is to downside,
suggesting a pause or pullback for
TLT.
● Gold is correcting after recent gains.
Needs a close above 1314.79 to get
into rally mode again.
● Euro remains fully bearish. Is testing
Bottom1 target.
● Oil is in a bear market rally. A failure to
close above the daily key level this
week would probably result in another
leg down.
Daily keys:
© LunaticTrader.com

3. ● The Chinese stock market is giving a
long term buy signal.Could be the start
of a big move. See recent blog post.
● Weekly MoM is turning down for
Bitcoin, Dow Industrials and
Semiconductors (SOX).
● Weekly MoM is turning up for
Singapore and Turkey.
● Watching Russia (RSX) and Russell
2000, as they are only barely holding
above their weekly key reversal level.
These markets are at risk of turning
fully bearish next week.
Weekly keys for World markets and sectors:
© LunaticTrader.com

4. ● Sell signal for Boeing (BA)
● Sell signal for General Electric (GE)
● Sell signal for United Technologies
(UTX)
● 25 stocks bullish, down from 28 last
week. Above 20 = healthy bull market.
See:
Keeping an eye on the Dow stocks.
● MoM turning up for CVX
● MoM turning down for DIS, KO, PG
and T
● We see a rather quick deteriotation for
several Dow Industrials stocks. No
reason for panic, but if several more
stocks turn to red Mode then we
better be careful.
Weekly keys for the 30 Dow stocks:
© LunaticTrader.com

5. ● We have a new Top2 target for Bonds
(TLT) at 119.50
● Nasdaq and S&P 500 are coming close
to their Top1 targets.
● Bonds (TLT) have finaly broken above
their old Top1 target at 114.60 and
have reached 115.70 (which was Top2)
● Euro is testing its Bottom1 target. This
could give us a short bounce. Bottom2
target is 1.2870
Key target zones:
Legend
* = new or updated target
Note: we use a +/-1% zone around these targets.
For more details about these key targets, see:
http://lunatictrader.wordpress.com/2013/08/20/key-target-levels/
© LunaticTrader.com

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/
● 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
For daily key levels, regular market commentary or questions you are
welcome to meet us here:
© LunaticTrader.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.
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.

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/
● 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
For daily key levels, regular market commentary or questions you are
welcome to meet us here:
© LunaticTrader.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.
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.