Big Red Returns: Lund Loop Daily Update - 11/02/2022
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.
Despite the overall market tanking today, PRPH is still holding tight in a small consolidation range after breaking a downtrend, which shows good relative strength.
For a deeper dive, check out the Daily Update video below
Sectors: 11 out of 11 sectors were DOWN.
Winner: Utilities -1.02%
Loser: Consumer Discretionary -3.79%
Oil: $90.00 (+1.84%)
Gold: $1,650.87 (+0.02%)
U.S. 10-Year Treasury: 4.096 (-0.22%)
US Dollar Index: 112.106 (-0.50%)
Crypto: Bitcoin: $20,148.98 (-1.62%) Ethereum: $1,507.92 (-4.47%)
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.