The Waiting Game: Lund Loop Daily Update - 10/10/2022

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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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RVNC has been showing great RS lately. After pulling back from 52-week highs it printed a possible reversal bar right off the 8EMA. Keep an eye on this to see if the uptrend resumes.

For a deeper dive, check out the Daily Update video below

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Market Snapshot

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Sectors: out of 11 sectors were DOWN.

• Winner: Industrials +0.33%

• Loser: Energy -2.06%

Oil: $90.68 (-2.12%)

Gold: $1,675.38 (-2.00%)

U.S. 10-Year Treasury: 3.961 (+1.96%)

US Dollar Index: 113.142 (+0.35%)

Crypto: Bitcoin: $19,235.89 (-1.06%) Ethereum: $1,307.95 (-1.17%)

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Daily Update Video & Watchlists

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Charts of interest: RVNC 0.00%↑ ENPH 0.00%↑ TSLA 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.