Outlook and weekly comments for world stock markets. Weekly reversal levels for stocks, gold and currencies. This method keeps you on the right side of the market most of the time, letting the winners run while avoiding big losses on investments.

1. Outlook for week of January 19, 2015

US and Japanese stock indexes remain weak bullish. Survived another
test of their weekly reversal levels. On a 3rd
test you usually see the level
broken. FTSE100 stays in bearish mode and DAX weak bullish.

Bonds continue bull run, but MoM is reaching the +8 very optimistic
stage. May drop back suddenly.

Gold gives a long term buy signal and is now in bullish mode.

$EURUSD continues to weaken, with MoM at very depressed -8.

Oil remains fully bearish. MoM has reached -10, which is extremely rare
on a weekly chart. It happens about once in 50 years on any given
market. We patiently wait for MoM to turn up.
Weekly Reversal Levels
© LunaticTrader.com

2. 
Ongoing pullback in US and Japanese stocks. DAX is outperforming and
FTSE100 is starting to improve.

Can take partial profits in bonds (TLT), which see MoM turn down from a
very high +9.

Gold rallying. No signs of topping out.

EURUSD remains very weak. Waiting for MoM to turn back up.

Oil has bounced back a bit after MoM turned up this week. Look for a test
of the reversal level, currently at $57.32
Daily Reversal Levels
© LunaticTrader.com

3. 
Buy signal for France.

Sell signal for Switzerland.

Speculative buy signal for Malaysia and
Russia.

Weak sell signal for Australia.

Can take partial profits in Indonesia.

Comment: We see a bit of greening up this
week. The global picture is still very mixed.
Weekly Reversal Levels for World markets
© LunaticTrader.com

4. 
Sell signal for AXP GS and JPM

Partial profits can be taken in HD

19 stocks bullish, down from 22 last week.
Below 20 = struggling bull market. See article:
Keeping an eye on the Dow stocks

Comment: Three sellers this week means we
have only 19 bullish stocks left. That's no
reason for panic, it just means we better
become a bit more careful. If the number of
bullish drops below 15 then we will be in a
bear market. In a continuing bull market the
number of bullish stocks should climb back to
25. We will see what comes along first.
Weekly Reversal Levels for 30 Dow stocks
© LunaticTrader.com
Note: the weekly reversal levels for over 1000
stocks and ETF can be picked up for free
on my blog every weekend
The daily reversal levels for over 1000 stocks
and ETF are available for a few $ on Scutify
every day: click here

5. 
New Bottom1 target for Nasdaq at 4569

New Bottom2 target for EURUSD at 1.1125

DAX is testing its long standing Top target
at 10240

Stock indexes are now pulling back after
testing their Top1 targets.

Crude Oil seems to have found support
near its weekly Bottom target at $46
.
Target zones
Legend
* = new or updated target
(W) = major weekly target
Note: we use a +/-1% zone around these targets.
The target zones are a by-product of the reversal level
calculations.
When a target is reached the market will typically react and turn
back from it. On the second or third attempt the target finally gets
broken and then the next target comes into play.
So these 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 target zone it is very
likely that the market has reached a temporary peak (or bottom).
For more details about the target zones, see:
http://lunatictrader.wordpress.com/2013/08/20/key-target-levels/
© LunaticTrader.com

6. More details about the 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 reversal 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.
Note: the weekly reversal levels for over 1000 stocks and ETF can be picked
up for free on my blog every weekend
The daily reversal levels for over 1000 stocks and ETF are available for a few $
on Scutify every day: click here

7. More details about the 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 reversal 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.
Note: the weekly reversal levels for over 1000 stocks and ETF can be picked
up for free on my blog every weekend
The daily reversal levels for over 1000 stocks and ETF are available for a few $
on Scutify every day: click here