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 August 11, 2014

Nikkei has joined the DAX and
FTSE 100 into bearish mode.

Nasdaq and S&P500 are still well
above their weekly key reversal
levels, so remain bullish, but with
downward MoM.

Weekly MoM remains up for
bonds (TLT) .
Weekly keys:
© LunaticTrader.com

2. 
S&P 500 is the first major stock
index to grab upward daily MoM
after the recent slide. Sets the
stage for some rebound rally.

Bonds and gold have gone into
rally mode last Thursday. TLT is
once again bumping into its Top1
target at 115.70. If we get a clear
breakout then 119.50, the Top2
target, comes into play.

Euro stuck at the 1.34 level. A
daily close above 1.3491 would
put it into rally mode

Daily MoM turns up for Oil, which
means we have a possible bottom
here. Can it climb back above the
daily level?
Daily keys:
© LunaticTrader.com

3. 
Malaysia and Spain are now in
weekly bearish Mode.

Weekly MoM has turned down for
Australia, Brazil, Gold stocks,
Mexico and Singapore.

Markets/sectors that remain in
bullish mode with upward MoM:
China, Hong Kong, Indonesia,
Social Media sector, South Korea
and Vietnam.
Weekly keys for World markets and sectors:
© LunaticTrader.com

4. 
Weekly sell signal for T

17 stocks bullish, down from 18
last week. Below 20 = struggling
bull market. See:
Keeping an eye on the Dow stocks

MoM turning down for GS, JPM,
MSFT and VZ

MoM turning up for HD and PG

Only 4 stocks remain with weekly
upward MoM

Still a deteriorating picture for
most Dow stocks -> remaining
very cautious
Weekly keys for the 30 Dow stocks:
© LunaticTrader.com

5. 
Several new and refined targets.

DAX tested its Bottom1 target last
Friday and rebounded nicely. Look
for a further rally now.

Bonds are testing their Top1 target
again. One to watch.

Euro hangs on to its Bottom1
target for the second week in a
row. This suggests some rebound
rally is in the cards
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 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.

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.