Oulook for Week of March 28, 2016

Outlook for Week of March 28, 2016

S&P 500 stays in bullish trend. Other major stock indexes remain weak
bearish with upward MoM. FTSE 100 and DAX are very close to their
weekly RevL and may turn back down if they don't make it into bullish
trend soon.

Bonds are weak bullish and appear to have peaked.

Gold is weak bullish, with weekly MoM now turning down. Probably
peaked for at least a while. Waiting for bullish continuation when MoM
turns back up.

EURUSD stays in bullish trend but has not added to gains. Flattish.

Oil is in bullish trend but hesitating at the $40 level. Hold.

Wheat is weak bearish and still not going anywhere. Waiting.
Weekly Reversal Levels
For long term investing
© Reversallevels.com

Follow us on Twitter where we post these reversal levels every day

All major stock indexes are in weak bullish mode. With MoM to the
downside we look for a potential test of their daily reversal levels.

VIX sees MoM turn up, indicating it is bottoming out.

Bonds have gone into bullish mode last week. Need follow through to
avoid a failed rally.

Gold has gone into bearish mode. Waiting for MoM to turn back up.

$EURUSD is weak bullish. Looks like a failing rally.

Oil gave the partial profits signal we had been waiting for and is now in
weak bullish mode. May go on to test its RevL, currently at $36.55.

Wheat is in bearish mode and still hovering around 460. Keeps going
nowhere. Waiting for next buy signal.
Daily Reversal Levels
For swing trading


Buy signal for India.

As long as MoM points up for most markets
there is no reason to sell.

European markets are the main laggards and
keep stagnating just below their weekly reversal
levels. If weekly MoM turns back down before
they get into bullish trends then it will be a
bearish continuation signal and then we better
be careful. So, watch and wait for the European
indexes that remain weak bearish.
Weekly Reversal Levels for World markets


No major changes this week.

23 stocks bullish, unchanged from 23 last week.
Above 20 = bullish market. See article:
Keeping an eye on the Dow stocks

Most stocks keep upward MoM with further
room to rise. That means the outlook remains
good and as long term investors the aim is to
stay on the train until it stops.
Weekly Reversal Levels for 30 Dow stocks
The weekly reversal levels for over 2500 stocks
and ETF can be picked up for free
on Reversallevels.com every weekend
The daily reversal levels for over 2500 stocks
and ETF are available per monthly subscription:
click here

More details about the reversal levels and how to use them in your trading can
be found at Reversallevels.com

Blog: http://LunaticTrader.Wordpress.com

On Twitter: http://twitter.com/lunatictrader1

On Scutify: https://www.scutify.com/profiles/LunaticTrader

On Stocktwits: http://stocktwits.com/LunaticTrader
For daily reversal levels, regular market commentary or questions
you are also welcome to follow or contact us here:
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.
Reversallevels.com 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 weekly reversal levels for over 2500 stocks and ETF can be picked up for
free on Reversallevels.com every weekend
The daily reversal levels for over 2500 stocks and ETF are available per
monthly subscription: click here

Oulook for Week of March 28, 2016

Recommandé

Recommandé

Contenu connexe

Plus de LunaticTrader

Plus de LunaticTrader (20)

Dernier

Dernier (20)

Oulook for Week of March 28, 2016