Temporary Reprieve: Lund Loop Daily Update - 12/08/22

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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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Yes, I know I put AMAT in the ‘Spotlight Chart’ yesterday, but it looks even better today.

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

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Market Snapshot

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Sectors: 9 out of 11 sectors were UP.

• Winner: Information Technology +1.59%

• Loser: Communication Services -0.50%

Oil: $71.81 (-0.25%)

Gold: $1,801.40 (+0.19%)

U.S. 10-Year Treasury: 3.486 (+1.99%)

US Dollar Index: 104.804 (-0.35%)

Crypto: Bitcoin: $17,179.35 (+2.01%) Ethereum: $1,278.16 (+3.77%)

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Daily Update Video & Watchlists

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Charts of interest: OKTA 0.00%↑ AMAT 0.00%↑ NFLX 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.