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.
Spotlight Chart
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
Market Snapshot
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%)
Daily Update Video & Watchlists
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.