LunaticTrader

Investing with the Moon

Outlook for Week of August 1

Posted by Danny on August 1, 2016

News: we have set up a new page on Facebook for reversal levels. Just like the page to get easy access to our daily and weekly free stuff.

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Outlook for world markets with brief 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.

2 Responses to “Outlook for Week of August 1”

  1. Carl Anderson said

    I’d like to check historically to see how I’d have done if I’d followed your recommendations in your weekly outlook. When you note “sell” or “Buy”, how can I know whether you are recommending open,ing a position or closing one? And what day in the week should I assume the action would have been taken?

    • Danny said

      Hi Carl,

      We post daily reversal levels for main indexes and some selected stocks on the sister site at: http://www.reversallevels.com/ We also post them on Twitter every day. This means that people can always verify the profit/loss (P/L%) they see in our tables.
      When do we buy/sell?
      For the daily reversal levels Buy and Sell signals entry on the next Open is assumed for calculating the current P/L%.
      For the weekly reversal levels Buy and Sell signals entry on the next Monday Open (or Tuesday if market is closed on Monday) is used to calculate the ongoing weekly P/L%.

      You can pick up some free samples of our daily files at the bottom of this page: http://www.reversallevels.com/p/subscribe.html
      Below the tables there is detailed explanation of the different strategies as well as a FAQ that addresses common questions.

      Danny

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