The Lund Loop Daily Update - 03/28/23
Sometimes the best price action is when you expect something to happen - and it doesn’t.
Twice today it looked like the market was going to roll over (blue arrows above), but by the end of the close we were essentially flat (-0.16%), signifying that there are still buyers out there willing to step up.
Now we need to see if they can sustain that buying and break us out of this narrowing range.
For more on this, check out today’s ‘Daily Update’ video below.
Sectors: 6 out of 11 sectors were DOWN.
- Winner: Energy +1.45%
- Loser: Communication Services -1.02%
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.’
Check out this short video for a full explanation to use the Lund Loop watchlists to identify potential profit opportunities.
Click the links below for the ‘Daily Update’ video and to view the current watchlists & setups.