Weekly key reversal levels for stocks, gold and currencies.

1. Key reversal levels for week of July 21, 2014
● S&P 500: MoM turns down from a
very high 7.49. Another chance to
take (partial) profits. Nasdaq holds on
to rising MoM.
● Bonds (TLT) are showing renewed
strength. MoM is turning up, so bull
move continues, in its 25th
week now.
● Euro weakens as a recent rally
attempt has failed to take it back
above weekly key level at 1.3719.
MoM turning down suggests the
downtrend is resuming.
Weekly keys:
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2. ● Mixed signals in major stock indexes.
European markets are weakest at the
moment, but also in US markets there
is hesitation. Daily MoM is down for
Nasdaq and S&P 500.
● Bonds are back to fully bullish,
benefiting from uncertainty in stocks.
● Euro is fully bearish, which doesn't
bode well for gold, that is also
struggling to extend recent gains.
● Oil is probably in a bear market rally. If
it can print a close above daily key
reversal level at 103.83 (nearest
futures) then the picture would
improve.
Daily keys:
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3. ● We have added bitcoin as well as
several sector indexes/ETF to the
weekly key level list. Biotech,
semiconductors and social media are
the newcomers.
● Most world markets remain bullish.
● Weekly MoM is turning down for
Biotech, Russell 2000 and Russia.
● Weekly MoM is turning up for Brazil,
Dow Industrials and South Korea.
● Divergent MoM between Dow
Industrials and Russell 2000 points to
an ongoing flight into safety of larger
cap stocks.
Weekly keys for World markets and sectors:
© LunaticTrader.com

4. ● Buy signal for Pfizer (PFE)
● Sell signal for McDonald's (MCD)
● 28 stocks bullish, unchanged from 28
last week. Above 20 = healthy bull
market. See:
Keeping an eye on the Dow stocks.
Weekly keys for the 30 Dow stocks:
© LunaticTrader.com

5. ● We have an updated Bottom1 target for
Crude Oil at $93.46
● FTSE100 and DAX tested and held
their Bottom1 targets last week.
● Bonds (TLT) once again trying to break
above their Top1 target at 114.60
● Euro coming close to its Bottom1 target
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 meet 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.
Hypothetical or simulated performance results have certain inherent limitations.
Unlike an actual performance record, simulated results do not represent actual trading.
Also, since the trades have not actually been executed, the results may have under- or over-compensated for the impact, if any, of certain
market factors, such as lack of liquidity.
Simulated trading programs in general are also 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.
The information should not be considered as a recommendation to engage in the purchase and/or sale of any stock, futures contract and/or
options.
You should be aware of all the risks associated with trading, and seek the advice from your own independent financial advisor before you make
any investment decisions.
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 meet 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.
Hypothetical or simulated performance results have certain inherent limitations.
Unlike an actual performance record, simulated results do not represent actual trading.
Also, since the trades have not actually been executed, the results may have under- or over-compensated for the impact, if any, of certain
market factors, such as lack of liquidity.
Simulated trading programs in general are also 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.
The information should not be considered as a recommendation to engage in the purchase and/or sale of any stock, futures contract and/or
options.
You should be aware of all the risks associated with trading, and seek the advice from your own independent financial advisor before you make
any investment decisions.
Trade at your own risk and responsibility.