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.

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Spotlight Chart

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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

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Market Snapshot

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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%)

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Daily Update Video & Watchlists

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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.