Plan Executed - Lund Loop Daily Update - 09/15/2022
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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
Today was a great day!
While everyone else was discussing the end of the world, we were talking about our plan in case the world didn’t end.
And what’s so great about the chart above is that it shows we only needed 30 minutes to make our day today. Just like we planned for, a ton of stocks triggered in the first half-hour, giving us plenty of opportunities to ring the register - then get the hell out of the way when the market rolled over.
I’ll be breaking down a few of these trades in the next ‘Deconstructing a Trade’ video so make sure to check it in the Saturday Lund Loop.
For a deeper dive, check out the Daily Update video below
Market Snapshot
Sectors: 9 out of 11 sectors were DOWN.
Winner: Health Care +0.55%
Loser: Energy -2.54%
Oil: $85.10 (-3.82%)
Gold: $1,671.31 (-2.11%)
U.S. 10-Year Treasury: 3.451 (+1.32%)
US Dollar Index: 109.711 (+0.06%)
Crypto: Bitcoin: $19,776.90 (-2.25%) Ethereum: $1,496.23 (-8.66%)
Daily Update Video & Watchlists
Charts of interest: NFLX 0.00%↑ TSLA 0.00%↑ RIVN 0.00%↑ TWTR 0.00%↑ SLB 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.