Blog Archive

Friday, April 17, 2026

Trading Journal: Apr 17, 2026

Daily reversal levels as of the close on April 16, 2026
Major indexes
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
S&P 500^SPX7041.29
0
6649.279.12 ▲
6
+3.80%
pP+
Nasdaq 100^NDX26333.00
0
24410.129.17 ▲
6
+5.68%
pP+
Russell 2000^RUT2719.60
0
2565.498.51 ▲
6
+4.09%
pP
Gold (spot)$XAUUSD4790.77
129
4675.412.17 ▲
2
-1.02%
US Oil ETFUSO125.84
11
115.411.21 ▼
67
+77.54%
iSh. 20+ Y Tr. Bond ETFTLT86.28
4
87.450.02 ▼
29
+2.31%
AddSh
BitcoinBTC_X75166.87
22
70050.414.80 ▲
9
+4.52%

US stock indexes go on pP signals after just 6 days of bullish mode. This is not unusual on a high thrust move. I usually negate pP signals that appear within the first 10-15 days. But if you are a very short term swing trader then this is where you can take some profit already.

Stock positions:

DUOL was entered at $101.02 on dBuy signal, and has closed above its RevL already. That means the stock is on a standard Buy signal today and starting bullish mode. By being a day early on the dBuy we obtained a much better entry price.
This is just one of the ways to use our dBuy signals.

Today we have three positions with pP signals, but they are also early signals after 7 or 8 days. Same thing, short term swing traders can take an early profit here, and more long term investors can hold until the next pP signals or Sell signals appear. It depends on your risk profile and preferred time frame.

Stocks
NameCloseTrModeRevL (D)MoM (D)DaysP/L %ActionR
Arista NetworksANET161.01
0
135.869.13 ▲
7
+12.59%
pP+
0.34▲ 37
Alphabet Cl. CGOOG332.77
1
305.749.04 ▲
8
+10.87%
pP
0.75▲ 33
Idex CorpIEX200.71
18
192.895.93 ▼
6
+1.83%
0.32▲ 5
Microchip TechnologyMCHP76.87
0
67.028.44 ▲
7
+6.73%
pP
0.32▲ 7
Pepsico IncPEP158.38
3
154.051.12 ▲
5
+0.78%
0.15▲ 1
Textron IncTXT90.27
3
89.982.39 ▼
3
-2.87%
0.38▲ 8
Special entries (spBuy or dBuy)
PPLT was bought on a dBuy signal at $172.43 (Mar 31).
DUOL was bought on a dBuy signal at $101.02 (Apr 16)
DuolingoDUOL103.45
40
95.36-1.05 ▲
122
+66.89%
Buy
-1.79▼ 31
abrdn Physical Platinum ETFPPLT190.29
2
181.024.43 ▲
6
+2.39%
1.13▲ 48

Bullish
Weak bullish
Bearish
Mild bearish

Instructions

Quick start guide (no registration needed): ReversalLevels.pdf.

List with completed trades.

Hover or tap on an item in the "Action" column for strategic advice.
Hover or tap in the "Days" column to see details for the current position (based on "Mode").
Hover or tap in the weekly trend ("Tr") column to get the weekly reversal level.

Socials: X (Twitter) | Telegram | Stocktwits.

Note: This trading journal is not a recommendation to invest in the mentioned companies.

© 2015 - 2026 Reversallevels.com

Thursday, April 16, 2026

Trading Journal: Apr 16, 2026

Daily reversal levels as of the close on April 15, 2026
Major indexes
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
S&P 500^SPX7022.21
0
6625.418.66 ▲
5
+3.52%
Nasdaq 100^NDX26198.64
0
24270.838.62 ▲
5
+5.14%
Russell 2000^RUT2713.66
0
2551.678.23 ▲
5
+3.87%
Gold (spot)$XAUUSD4790.87
129
4665.522.03 ▲
1
-1.02%
US Oil ETFUSO122.59
11
114.742.01 ▼
66
+72.95%
iSh. 20+ Y Tr. Bond ETFTLT86.83
4
87.490.18 ▲
28
+1.69%
BitcoinBTC_X74831.35
22
69761.344.62 ▲
8
+4.05%

New record highs for SPX. But MoM is well above 8, so if you missed the move completely then it's better to wait for some pullback to get in.
Bonds TLT remains a dead market, simply chopping just below 90. That will not continue forever, but we have to be patient for a good setup.

Stock positions:

We will be adding DUOL as new special entry today. The stock has had an awful decline since last May and it is very oversold. DUOL is on a dBuy signal and with the RevL at $101.10 it wouldn't take much to get into bullish mode for the first time lince October (121 days of bearish mode).

Catching such "falling knives" is risky. But if the stock does break out then it can easily climb 20-30%. Always consider your risk/reward.

Stocks
NameCloseTrModeRevL (D)MoM (D)DaysP/L %ActionR
Arista NetworksANET154.33
0
134.028.71 ▲
6
+7.92%
0.34▲ 37
Alphabet Cl. CGOOG334.47
1
302.688.67 ▲
7
+11.44%
pP+
0.75▲ 33
Idex CorpIEX199.43
18
192.466.22 ▲
5
+1.18%
0.32▲ 5
Microchip TechnologyMCHP74.49
0
66.598.14 ▲
6
+3.43%
pP
0.32▲ 7
Pepsico IncPEP154.72
3
154.030.99 ▼
4
-1.55%
0.15▲ 1
Textron IncTXT90.49
3
89.992.60 ▲
2
-2.64%
0.38▲ 8
Special entries (spBuy or dBuy)
PPLT was bought on a dBuy signal at $172.43 (Mar 31).
DUOL is on a dBuy signal and will be added at today's Open.
DuolingoDUOL98.78
40
101.10-2.14 ▲
121
+68.39%
dBuy
-1.79▼ 31
abrdn Physical Platinum ETFPPLT192.71
2
180.304.14 ▲
5
+3.69%
1.13▲ 48

Bullish
Weak bullish
Bearish
Mild bearish

Instructions

Quick start guide (no registration needed): ReversalLevels.pdf.

List with completed trades.

Hover or tap on an item in the "Action" column for strategic advice.
Hover or tap in the "Days" column to see details for the current position (based on "Mode").
Hover or tap in the weekly trend ("Tr") column to get the weekly reversal level.

Socials: X (Twitter) | Telegram | Stocktwits.

Note: This trading journal is not a recommendation to invest in the mentioned companies.

© 2015 - 2026 Reversallevels.com

Wednesday, April 15, 2026

Trading Journal: Apr 15, 2026

Daily reversal levels as of the close on April 14, 2026
Major indexes
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
S&P 500^SPX6967.39
0
6603.418.11 ▲
4
+2.71%
Nasdaq 100^NDX25842.00
0
24146.078.00 ▲
4
+3.71%
Russell 2000^RUT2705.67
0
2537.437.64 ▲
4
+3.56%
Gold (spot)$XAUUSD4841.81
129
4654.151.70 ▲
21
+3.64%
Buy
US Oil ETFUSO123.85
11
114.073.26 ▼
65
+74.73%
iSh. 20+ Y Tr. Bond ETFTLT87.21
4
87.51-0.13 ▲
27
+1.26%
BitcoinBTC_X74176.82
22
69421.504.35 ▲
7
+3.14%

Stocks keep acting bullish. Gold gets back into bullish mode as well.

Stock positions:

Most of our recent additions are moving in the right direction. Nothing to do today.

Stocks
NameCloseTrModeRevL (D)MoM (D)DaysP/L %ActionR
Arista NetworksANET154.37
0
132.328.26 ▲
5
+7.95%
0.34▲ 37
Alphabet Cl. CGOOG330.58
1
299.658.19 ▲
6
+10.14%
0.75▲ 33
Idex CorpIEX204.90
18
192.165.88 ▲
4
+3.95%
0.32▲ 5
Microchip TechnologyMCHP74.50
0
66.217.56 ▲
5
+3.44%
0.32▲ 7
Pepsico IncPEP155.72
3
154.101.28 ▼
3
-0.92%
0.15▲ 1
Textron IncTXT92.65
3
90.012.33 ▲
1
-0.31%
0.38▲ 8
Special entries (spBuy or dBuy)
PPLT was bought on a dBuy signal at $172.43 (Mar 31).
abrdn Physical Platinum ETFPPLT191.46
2
179.313.48 ▲
4
+3.02%
1.13▲ 48

Bullish
Weak bullish
Bearish
Mild bearish

Instructions

Quick start guide (no registration needed): ReversalLevels.pdf.

List with completed trades.

Hover or tap on an item in the "Action" column for strategic advice.
Hover or tap in the "Days" column to see details for the current position (based on "Mode").
Hover or tap in the weekly trend ("Tr") column to get the weekly reversal level.

Socials: X (Twitter) | Telegram | Stocktwits.

Note: This trading journal is not a recommendation to invest in the mentioned companies.

© 2015 - 2026 Reversallevels.com