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 most of the time, and helps to avoid big losses on investments.

1. Key reversal levels for week of December 29, 2014

US and Japanese stock indexes
remain weak bullish. FTSE100 is in
bearish mode, but could return to
the bullish camp if it closes above
6696 this week.

Bonds continue bull run.

Gold is going sideways near $1200.

$EURUSD near its lows. MoM
remains up, suggesting a rebound
rally is in the cards.

Oil remains fully bearish. Waiting
for MoM to turn up in the coming
weeks. A -9 is rare on the weekly
level. Most oversold market but it is
important to wait for upward MoM.
Weekly keys:
© LunaticTrader.com

2. 
FTSE100 has closed above its daily
key level, turning it into bullish
mode. So we now have all major
stock indexes in daily rally mode.

Bonds stagnating after its recent
rally. MoM is down. May have
formed a double top.

Speculative buy signal for gold, with
MoM going up.

EURUSD remains weak. Waiting for
MoM to turn back up

Oil has gathered upward MoM after
a long decline. Probably bottomed
for a while. Looking for a sideways
period or for a rally back to $65-70
Daily keys:
© LunaticTrader.com

3. 
Buy signal for MSCI World index

Speculative buy signal for Australia,
Canada and Italy

Markets to watch, very close to
turning bullish: Australia, Canada,
France, Hong Kong and Spain

Comment: Several market are now
close to return to weekly bullish
mode after only a few weeks in the
bearish camp. No follow through to
the downside would be a bullish
sign going into next year. If these
markets fail to get back above their
weekly key levels, then it will not
look so good.
Weekly keys for World markets and sectors:
© LunaticTrader.com

4. 
Weak buy signal for BA

Speculative buy signal for CVX and
XOM

Partial profits can be taken in MMM
and UNH

21 stocks bullish, up from 20 last
week. Above 20 = healthy bull
market. See article:
Keeping an eye on the Dow stocks

Comment: We see some further
greening up in the table and one
more stock getting back into bullish
mode. Looking steady.
Weekly keys for the 30 Dow stocks:
© LunaticTrader.com
Note: the daily key levels for over 1000
stocks and ETF can be picked up for a
few $ on Scutify every day: click here

5. 
No new targets this week

Stock indexes and bonds are
testing their long standing Top1
targets.

EURUSD is right at its Bottom1
target.
.
Key target zones:
Legend
* = new or updated target
Note: we use a +/-1% zone around these targets.
These key target zones are a by-product of the key level
calculations.
When a key target is reached the market will typically react and
turn back from it. On the second or third attempt the target gets
finally broken and then the next target comes into play.
So these key target zones can be used as price objectives for
taking profits or for entering the market after a significant sell-off.
They can be seen as a kind of pivot points.
When MoM indicator reverses right near a key target it is very
likely that the market has reached a temporary peak (or bottom).
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 follow or contact 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.
The daily key levels for over 1000 stocks and
ETF can be picked up for a few $ on Scutify
every day: click here

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 follow or contact 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.
The daily key levels for over 1000 stocks and
ETF can be picked up for a few $ on Scutify
every day: click here