According to Plan: Lund Loop Daily Update - 11/16/2022
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The ‘Daily Update’ includes a review of the day’s market action, updated charts, from the Saturday ‘Market Strategy’ video, and setups ready to trigger.
Check out this short video for a full explanation to use the Lund Loop watchlists to identify potential profit opportunities.
For intraday updates please join the Lund Loop Discord.
AAPL is consolidating right below this intermediate-term downtrend. A definitive breakout here would be a BIG boost of confidence for this market and this burgeoning rally.
For a deeper dive, check out the Daily Update video below
Sectors: 9 out of 11 sectors were DOWN.
Winner: Utilities +0.87%
Loser: Energy -2.15%
Oil: $85.59 (-1.53%)
Gold: $1,777.89 (+0.01%)
U.S. 10-Year Treasury: 3.690 (-0.05%)
US Dollar Index: 106.283 (-0.27%)
Crypto: Bitcoin: $16,546.89 (-1.96%) Ethereum: $1,206.99 (-3.59%)
Daily Update Video & Watchlists
Note: The cash tags above are a new feature for Substack and the quotes still look a little wonky so refer to the prices in the ‘Daily Update.’
Click the links below for the ‘Daily Update’ video and to view the current watchlists & setups.