Outlook for Week of March 2, 2015

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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.

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Outlook for Week of March 2, 2015

  1. 1. Outlook for Week of March 2, 2015  Stocks stay fully bullish with further room to rise.  Bonds (TLT) have survived a first test of their weekly reversal level. But MoM is still down, so downside risks remain.  Gold fully bearish. Wait.  $EURUSD remains near its bottom. But MoM keeps pointing up, offering chances to buy on dips.  Oil is sputtering near the $50 level. Could range between $40 and $60 for many months.  Wheat remains fully bearish. Waiting for MoM to turn back up. Weekly Reversal Levels © LunaticTrader.com
  2. 2.  US stock indexes are hesitating near major psychological levels.  Bonds (TLT) are rebounding and may try to get back into bullish mode this week.  Gold is also trying to rally. Look for a test of the daily reversal level.  EURUSD is falling back. Looks like a second test of bottom target at 1.11 After 50 days of bearish mode the euro is probably ready for some rally. But needs to get above that daily reversal level.  Oil is weak and looking for a next direction.  Wheat is continuing its downturn. Fully bearish. Wait until we see MoM turn back up. Daily Reversal Levels © LunaticTrader.com
  3. 3.  Buy signal for Mexico and South Korea.  Can add to shorts in gold stocks.  Comment: Keeps looking good. Most markets are back in green mode and MoM remains to the upside. When a market goes into weekly bullish mode, it can be for 1 week or for 50 weeks or more. There is no way to know in advance. Sometimes what look like the least promising markets end up making the big moves. Things usually do not look very good at the start of a major move, but then the news gradually improves while the market climbs week after week... E.g. Australia is now up 9% since it gave a buy signal 5 weeks ago, France is up 12% in 6 weeks, Italy is up 9% in 5 weeks,... Who would have thought? Weekly Reversal Levels for World markets © LunaticTrader.com
  4. 4.  Buy signal for GE, JPM, KO, and MCD  20 stocks bullish, up from 16 last week. Back at 20 = healthy bull market. See article: Keeping an eye on the Dow stocks  Comment: Major improvement with 4 new buys and back at 20 bullish stocks. With a bit of follow through we are nicely set for further gains this spring. 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. 5. 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
  6. 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

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