1.
Reversal Levels - Outlook for week of November 28, 2022

Number of S&P 500 stocks in bullish trends (blue line): 328 (66%) versus 304 last week.

Number of S&P 500 stocks in daily bullish mode (red line): 442 (88%) versus 428 last week.

Situation is bullish and the number of stocks in bullish trends is going up. The daily bullish% (red line)
stays above the blue line. Ongoing rally.
© Reversallevels.com

2.

ELC: up | BMO: up | Blue snake: up | Repellor: down.

This is a major rebound rally, if not a new bull market. A move above the Repellor at 4130 would add
to bullish evidence.
© Reversallevels.com
S&P 500 Weekly chart

3.

SwX stays yellow - neutral. Weekly MoM goes up with bullish divergence.

Early October low has become a must hold level. Overhead resistance starts around 4100.
© Reversallevels.com
S&P 500 - Weekly

4.

SwX is red - bearish. Weekly MoM is going up with bullish divergence.

Consolidating a bit after the recent breakout. Looking good with plenty room to rise. © Reversallevels.com
Gold - Weekly

5.

SwX is red bearish. Weekly MoM is going down.

Important support at 18000 has suddenly given way. Wait for signs of a bottom. © Reversallevels.com
Bitcoin - Weekly

6.

Buy signals for Malaysia KLCI and Dow
Utilities.

Speculative Buy signal for Nigeria NGSE.

Turkey BIST100 is our current best
performer. It is up 230% since its Buy signal
57 weeks ago.
World markets
© Reversallevels.com

7.

Buy signals for AUDUSD and GBPUSD.

Note for daytraders or swing traders: if you do your trading in the direction of the weekly trend you are
likely to do well in the long run. So, try to buy the pullbacks in currencies pairs that are in bullish
trends and sell the rallies during bearish trends.
Forex & Crypto
© Reversallevels.com

8.

On Twitter: https://twitter.com/lunatictrader1

On Stocktwits: https://stocktwits.com/LunaticTrader

Blog 1: Reversallevels.com

Blog 2: LunaticTrader.com
For daily comments and questions you can find us here:
© Reversallevels.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.
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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