Slow and Steady: Lund Loop Daily Update - 10/24/2022
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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
After a pretty harsh pullback, the solar sector is trying to find a bottom and may be ready for a snapback rally. If so, RUN is positioned best IMO
For a deeper dive, check out the Daily Update video below
Market Snapshot
Sectors: 9 out of 11 sectors were UP.
Winner: Health Care +1.91%
Loser: Materials -0.62%
Oil: $84.58 (-0.55%)
Gold: $1,654.10 (-0.13%)
U.S. 10-Year Treasury: 4.244 (+0.12%)
US Dollar Index: 111.989 (+0.10%)
Crypto: Bitcoin: $19,390.03 (-0.92%) Ethereum: $1,350.01 (-0.96%)
Daily Update Video & Watchlists
Charts of interest: AXP 0.00%↑ MU 0.00%↑ NVDA 0.00%↑ BE 0.00%↑ SNOW 0.00%↑ RUN 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.