The Frustration Continues: Lund Loop Daily Update - 10/20/2022
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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.
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SNAP reported after hours and is now down 26% as it races to zero. META is also down in sympathy, which could be a red herring IMO.
For a deeper dive, check out the Daily Update video below
Sectors: 8 out of 11 sectors were DOWN.
Winner: Communication Services +0.36%
Loser: Utilities -2.51%
Oil: $84.51 (-0.01%)
Gold: $1,636.80 (+0.16%)
U.S. 10-Year Treasury: 4.230 (-0.05%)
US Dollar Index: 112.835 (-0.06%)
Crypto: Bitcoin: $19,012.93 (-0.59%) Ethereum: $1,279.77 (-0.38%)
Daily Update Video & Watchlists
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.