Outlook for Week of April 18

Outlook for world markets with our comments for next week.

If you have any trouble to see the presentation below, then click here.

Click the “Expand” button (bottom right) to watch in full screen mode.

* The latest weekly reversal levels for over 2500 stocks and ETF can be found every weekend at http://www.reversallevels.com/.

* For shorter term trading and more optimal entries there are daily reversal levels, which are available as a monthly subscription. It comes as a daily html file covering over 2500 stocks from Dow Composite, Nasdaq 100, S&P 500, S&P 400 mid caps, S&P 600 small caps, and more than 100 popular ETF. Instructions for use are included. Give it a try.

By Dan

Author of LunaticTrader and Reversal Levels method. Stock market forecasts based on proprietary indicators, seasonal patterns and moon cycles.


  1. Mike, You cannot be so certain, in an environment that is based on chance. That is the thinking that got most traders short into the weekend, expecting Doha to be a failure and everything would crash down, but when it did not, all the shorts got forced to buy to cover, which pushed prices up. Maybe Tuesday it will come down, but it is a game of chance, and you cannot be certain, overconfidence is a recipe for losing money.

    1. Hi Ball,

      There are always traders who hope to gain from trading based on the latest news, and they are being disappointed over and over.
      In a recent blog post I tried to explain why. How the stock market makes sense by making no sense: https://lunatictrader.wordpress.com/2016/03/07/how-the-stock-market-makes-sense/

      I don’t even listen to financial news anymore, because it does not offer any edge for a stock trader. So, I trade based on what the price is saying, not on what the news is saying.

  2. You are living in a fantasy world. I have been investing since 1981.

    With no agreement at DAOH-The oil and stock markets are headed SOUTH!

    1. Hi Mike,

      I am sure you will be right eventually.
      Our model constantly adjusts to the real world. As soon as oil and stocks go down and fall below their reversal levels, they will give a sell signal and revert to bearish mode in the tables.
      Right now they are still above their reversal levels.

Leave a Reply to Danny Cancel reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: