We're Back: Lund Loop Daily Update - 11/28/2022

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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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Stocks liked it when DXY broke down earlier this month. Now it’s trying to stabilize and put in a small double-bottom. If we do start pushing higher, that will probably put more downside pressure on stocks.

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 DOWN.

• Winner: Consumer Staples -0.31%

• Loser: Real Estate -2.80%

Oil: $76.48 (+0.28%)

Gold: $1,740.40 (-0.78%)

U.S. 10-Year Treasury: 3.683 (-0.22%)

US Dollar Index: 106.661 (+0.57%)

Crypto: Bitcoin: $16,193.22 (-1.39%) Ethereum: $1,172.80 (-1.78%)

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Daily Update Video & Watchlists

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Charts of interest: CZR 0.00%↑ ISRG 0.00%↑ PFE 0.00%↑ USO 0.00%↑ AAPL 0.00%↑ JPM 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.