Chop Chop: Lund Loop Daily Update - 10/19/2022
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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.
Spotlight Chart
A lot of names in the energy space broke out today. DVN could be next.
For a deeper dive, check out the Daily Update video below
Market Snapshot
Sectors: 10 out of 11 sectors were DOWN.
Winner: Energy +2.94%
Loser: Real Estate -2.56%
Oil: $84.52 (+2.96%)
Gold: $1,634.52 (-1.52%)
U.S. 10-Year Treasury: 4.138 (0.00%)
US Dollar Index: 112.903 (+0.81%)
Crypto: Bitcoin: $19,202.34 (-0.66%) Ethereum: $1,295.65 (-1.20%)
Daily Update Video & Watchlists
Charts of interest: USO 0.00%↑ DVN 0.00%↑ MRO 0.00%↑ NCLH 0.00%↑
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.