The Big Reversal: Lund Loop Daily Update - 10/13/2022
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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
Yesterday I wrote;
Nothing of interest today as the market waits for CPI numbers tomorrow.
Today, post CPI numbers, there are so many charts of interest I can’t pick just one.
For a deeper dive, check out the Daily Update video below
Market Snapshot
Sectors: 11 out of 11 sectors were UP.
Winner: Financials +4.14%
Loser: Consumer Discretionary +0.98%
Oil: $89.27 (+2.03%)
Gold: $1,627.78 (-0.29%)
U.S. 10-Year Treasury: 3.952 (+1.44%)
US Dollar Index: 112.464 (-0.75%)
Crypto: Bitcoin: $19,375.39 (+1.15%) Ethereum: $1,294.22 (0.00%)
Daily Update Video & Watchlists
Charts of interest: Yesterday there were no charts of interest. Today there are too many to list.
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.