Moving On: Lund Loop Daily Update - 12/07/22

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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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Spotlight Chart

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Despite a tough tape, AMAT is showing good relative strength. If the market can stabilize this one might move higher.

For a deeper dive, check out the Daily Update video below

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Market Snapshot

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Sectors: 8 out of 11 sectors were UP.

• Winner: Health Care +0.85%

• Loser: Communication Services -0.93%

Oil: $72.40 (-2.49%)

Gold: $1,799.03(+0.93%)

U.S. 10-Year Treasury: 3.424 (+0.15%)

US Dollar Index: 105.198 (-0.35%)

Crypto: Bitcoin: $16,829.61 (-1.51%) Ethereum: $1,231.79 (-3.09%)

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Daily Update Video & Watchlists

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Charts of interest: AMAT 0.00%↑ ISRG 0.00%↑ OKTA 0.00%↑ PTON 0.00%↑ NFLX 0.00%↑ NVDA 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.