Oh Meta: Lund Loop Daily Update - 10/26/2022
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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
META is getting killed after-hours, trading at levels it hasn’t seen since 2016, which should weigh heavy on some parts of the market tomorrow.
For a deeper dive, check out the Daily Update video below
Market Snapshot
Sectors: 6 out of 11 sectors were UP.
Winner: Energy +1.35%
Loser: Communication Services -4.75%
Oil: $87.91 (+3.04%)
Gold: $1,669.20 (+0.68%)
U.S. 10-Year Treasury: 4.005 (-0.05%)
US Dollar Index: 109.690 (-1.08%)
Crypto: Bitcoin: $20,737.06 (+3.23%) Ethereum: $1,551.53 (+6.24%)
Daily Update Video & Watchlists
Charts of interest: META 0.00%↑ USO 0.00%↑ V 0.00%↑ URNM 0.00%↑ TSLA 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.