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 November 24, 2014
 All major stock indexes are back
to weekly bullish mode. For how
long? There is no way to know.
 Bonds (TLT) weak bullish,
stagnating.
 MoM turns up for Gold. This
makes it a speculative long term
buy. Next hurdle is the weekly key
level, currently at $1252
 $EURUSD continues to build a
base near 1.25.
 Oil remains fully bearish. Waiting
for MoM to turn up in the coming
weeks. A -8 is rare on the weekly
level.
Weekly keys:
© LunaticTrader.com

2.  Stocks are trying another push
into new highs. MoM back up for
$&P 500, but still pointing down
for Nasdaq.
 Bonds trying to rally, but TLT not
getting away from the 120 level.
Looks weak.
 Gold turns bullish on the daily
mode. Increasingly likely that gold
has put in a major low.
 EURUSD is now bearish for 100
days and down almost 9% since
we got the sell signal. That's as
good as it gets for trend following,
but a rally will start eventually.
 Oil is trying to rally with the daily
key level as a first target.
Daily keys:
© LunaticTrader.com

3. Weekly keys for World markets and sectors:
 Buy signal for Canada.
 Weak sell signal for Australia.
 Markets to watch, very close to
turning bullish: Brazil, France,
Spain.
 Markets to watch, very close to
turning bearish: Hong Kong.
 Speculative buy: gold stocks can
be picked up on weak days. MoM
is turning up from a very oversold
-8 level.
 Comment: Most markets have
upward MoM, so it is likely that we
will see more greening in this
table.
© LunaticTrader.com

4. Weekly keys for the 30 Dow stocks:
 Buy signals for CAT
 25 stocks bullish, up from 24 last
week. Above 20 = healthy bull
market. See article:
Keeping an eye on the Dow stocks
 Comment: A lot of green (and blue
for profits !). When a stock turns
bullish it can be for 1 week or for 80
weeks. You never know. Buying
when a buy signal appears is like
stepping on bus that just gets
underway. And we don't know where
the bus is going, so it is a leap of
faith. When the bus stops we will get
off.
Note: the daily key levels for 100s of
stocks and ETF can be picked up for a
few $ on Scutify every day: click here
© LunaticTrader.com

5. Key target zones:
 A new Top2 target for Nasdaq at
5098
 A new Top2 target for S&P 500 at
2187
.
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
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.
© LunaticTrader.com
The daily key levels for 100s of stocks and
ETF can be picked up for a few $ on Scutify
every day: click here

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
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.
© LunaticTrader.com
The daily key levels for 100s of stocks and
ETF can be picked up for a few $ on Scutify
every day: click here