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 February 23, 2015

Stocks keep charging higher. Fully bullish with further room to rise.

Bonds (TLT) are falling back as we have been warning for weeks. Weekly
reversal level is now being tested. Must hold above 124.51 to stay in
bullish mode.

Gold is giving a weekly sell signal. Needs a weekly close above $1248.38
to turn bullish again.

MoM is turning up for $EURUSD. Major bottom may be in place.

Oil is trying to stage a rally. The weekly reversal level, currently at
$69.58, is its next long term target.

Wheat remains fully bearish. Waiting for MoM to turn back up.
Weekly Reversal Levels
© LunaticTrader.com

2. 
Stock markets keep surging higher. Fully bullish until MoM turns down.

Bonds (TLT) are continuing to drop. MoM is down to -8 very depressed
level, so we may get a tradeable bottom soon.

Gold is fully bearish with no signs of a bottom yet.

EURUSD keeps trying to stage a rally. Needs a daily close above 1.1547
to get into bullish mode.

Oil is trying to rally but it is not acting right. MoM has turned down again,
so is at risk of turning back down towards new lows.

Wheat is continuing its downturn. Fully bearish. Wait until we see MoM
turn back up.
Daily Reversal Levels
© LunaticTrader.com

3. 
Buy signal for Switzerland.

Can take partial profits in China. 52% gains
in 30 weeks is always a great result.

Comment: Keeps looking good. We see good
follow through in most indexes. MoM remains
up for most markets, with further room to
rise.
Weekly Reversal Levels for World markets
© LunaticTrader.com

4. 
Sell signal for MRK

16 stocks bullish, down from 17 last week.
Back above 15 = hesitating market looking for
direction. See article:
Keeping an eye on the Dow stocks

Comment: Markets did well last week, but the
Dow 30 stocks keep sputtering. With one seller
we have only 16 stocks in bullish mode. Even
though the Dow Industrials is reaching new
highs, it is not with full participation of all
stocks. This tells us the latest rally could still
fail at this point. But we have several stocks
coming very close to their weekly reversal
levels, so another good week in the market
would probably give us several buy signals.
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. 
Adjusted Top1 target for Oil at $59.34

The Top1 targets remain in play for stock
indexes. For most markets it is the second
or third attempt at these levels, so we are
ready for breakouts to the upside.
.
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