Free weekly newsletter with outlook and brief comments for world stock markets. Weekly reversal levels for stocks, gold and currencies. This method was designed to keep you on the right side of the market most of the time, letting the winners run while avoiding big losses on investments.

1. Reversal Levels - Outlook for week of March 5, 2018
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Number of S&P 500 stocks in bullish trends (blue line): 271 (54%) versus 293 last week.
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Number of S&P 500 stocks in daily bullish mode (red line): 157 (31%) versus 223 last week.
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Situation is bullish and the number of stocks in bullish trends is going down again. The red line stays
below the blue line and well below 50%. This suggests the correction or bear market is not over.
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2. 
ELC: down = bearish. BMO: down = bearish.

This is a correction or early stage bear market.

When BMO turns back up we may have a tradeable bottom.
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S&P 500 Weekly chart

3. 
S&P 500, Australia AOI and Brazil Bovespa are in bullish trends.Other
major world markets stay bearish.

Ongoing partial profits signal for Brazil Bovespa. Can still take some
profits here. A 31% gain in 33 weeks is always nice.

Bonds TLT are in bearish trend. Stay out or short.

Gold is weak bullish. May test its RevL.

EURUSD is weak bullish. 1.25 remains as strong overhead resistance.

Oil is weak bullish and may go for a test of its weekly RevL.

Wheat is in a bullish trend. Hold.
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Major indices

4. 
Partial profits signal for Indonesia. A 24%
gain in 60 weeks.

Partial profits signal for Malaysia. A 6% gain
in 11 weeks.

Weekly MoM stays down for nearly all
markets, so patience is still a good idea.

Stocks could stay in corrective patterns for
several more months. We will get buy signals
and bullish continuations when things turn
back up again.
World markets
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5. 
Speculative Buy signal for GE.

Sell signal for DWDP.

Partial profits signal for CSCO. A 37% gain in
26 weeks.

Partial profits signal for MSFT. A 73% gain in 85
weeks.

16 stocks bullish, down from 17 last week.
Above 20 = bull market. See article:
Keeping an eye on the Dow stocks

Bullish participation stays weak. If we get back
above 20 bullish stocks then we will know the
correction or bear market is over. A drop below
15 would be longer term bearish.
.
30 Dow Jones Industrials stocks
© Reversallevels.com

6. 
Buy signal for USDCAD.

Bullish continuation for USDTRY. Can add to positions.

Note: Currencies tend to make long trending moves, so we don’t get weekly Buy or Sell signals very
often. Keep trading in the direction of the weekly trend and you are likely to do well in the long run.
Currencies
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7. 
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
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
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
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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.
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