Continued Rest: The Lund Loop Daily Update - 08/02/2022

To get the weekend newsletter, as well as daily charts and market commentary, delivered directly to your inbox, join over 6,750+ other traders and active investors by subscribing to the Lund Loop.

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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.

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Market Snapshot

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Sectors: 11 out of 11 sectors were DOWN.

• Winner: Communication Services -0.18%

• Loser: Real Estate -1.30%

Oil: $93.66 (-1.34%)

Gold: $1778.20 (-0.53%)

U.S. 10-Year Treasury: 2.745 (+6.55%)

US Dollar Index: 106.324 (+0.87%)

Crypto: Bitcoin: $22,975.50 (-1.25%) Ethereum: $1,647.94 (+1.04%)

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Daily Update Video & Watchlists

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Charts of interest: TLRY 0.00%↑ MSOS 0.00%↑ MJ 0.00%↑ VUZI 0.00%↑ PENN 0.00%↑ TSLA 0.00%↑ USO 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.