It's All On Apple Now: Lund Loop Daily Update - 10/27/2022
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.
Spotlight Chart
A lot of financial stocks are holding their recent rallies and the XLF is right at the underside of this long downtrend. If we can break above and hold, I think the likelihood is that the market has bottomed.
Stay tuned…
For a deeper dive, check out the Daily Update video below
Market Snapshot
Sectors: 6 out of 11 sectors were DOWN.
Winner: Industrials +1.14%
Loser: Communications Services -4.12%
Oil: $88.47 (+0.61%%)
Gold: $1,665.79 (-0.21%)
U.S. 10-Year Treasury: 3.906 (-2.52%)
US Dollar Index: 110.601 (+0.83%)
Crypto: Bitcoin: $20,254.86 (-2.43%) Ethereum: $1,512.53 (-3.52%)
Daily Update Video & Watchlists
Charts of interest: META 0.00%↑ AAPL 0.00%↑ USO 0.00%↑ AMZN 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.