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 October 6, 2014
 DAX has entered weekly bearish
mode with downward MoM.
 Nasdaq and S&P 500 have tested
their weekly key levels last week,
and rebounded swiftly. MoM
remains down however.
 Bonds (TLT) are weak bullish with
downward MoM.
 Gold, Euro and Oil continue to be
in weekly bearish mode with
downward MoM.
Weekly keys:
© LunaticTrader.com

2.  Daily MoM remains down for all
major stock indexes, so it is too
early to declare an end to recent
pullback.
 Bonds remain in rally mode,
making for a possible double top.
 Gold , EURUSD and crude oil are
back to fully bearish, continuing to
decline.
 Comment: A lot of red in our key
level tables. Bonds are benefiting
from a flight to “safety” reflex, but
my impression is that this rally is
being faded. Wait for buying
opportunities when daily MoM
turns up from oversold levels in
markets that are still bullish on the
weekly level.
Daily keys:
© LunaticTrader.com

3. Weekly keys for World markets and sectors:
 Weekly sell signal for Canada,
France, Hong Kong, Italy,
Singapore, South Africa, South
Korea and MSCI world index
 MoM has turned down for Biotech
sector, Dow Industrials and Spain
 Only two markets remain fully
bullish: China and Switzerland.
 Markets to watch, coming very
close to weekly key reversal:
Brazil, Social Media sector and
Spain.
 Comment: It is quite rare to see so
many markets turn bearish in the
same week. How long this
weakness continues remains to be
seen. It never hurts to watch from
the sidelines until your favorite
market gets back into bullish
mode.
© LunaticTrader.com

4. Weekly keys for the 30 Dow stocks:
 Sell signals for PFE
 21 stocks bullish, down from 22
last week. Above 20 = healthy bull
market. See:
Keeping an eye on the Dow stocks
 MoM turning up for CSCO
 MoM turning down for: GE, MSFT,
UNH and UTX
 Comment: some deterioration, but
no reason for panic. Large cap
stocks are holding up better than
the overall markets. Of course,
that could change.
© LunaticTrader.com

5. Key target zones:
 New Top targets for Nikkei at
16366 and 17134
 A new Bottom2 target for FTSE100
at 6220
 A new Bottom1 target for Oil at
88.98
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/
For daily key levels, regular market commentary or questions you
are welcome to follow or contact us here:
 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
© 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/
For daily key levels, regular market commentary or questions you
are welcome to follow or contact us here:
 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
© 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.