Blog Archive

Friday, July 10, 2026

Trading Journal: July 10, 2026

Daily reversal levels as of the close on July 9, 2026
Major indexes
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
S&P 500^SPX7543.64
12
7417.612.25 ▲
6
+0.87%
Nasdaq 100^NDX29727.10
12
29786.51-0.89 ▼
2
-2.40%
Russell 2000^RUT2992.54
12
3001.461.04 ▼
1
-0.99%
Gold (spot)$XAUUSD4123.75
4
4204.77-0.61 ▲
53
+12.01%
US Oil ETFUSO109.01
1
114.78-3.90 ▲
22
+19.22%
iSh. 20+ Y Tr. Bond ETFTLT84.49
0
86.09-6.37 ▼
5
+1.04%
BitcoinBTC_X63174.00
34
61602.951.85 ▲
3
-1.30%

NDX and RUT are not far from getting back into bullish mode. Very choppy conditions continue.

Stock positions:

ZS was closed at a 10% gain and NFLX handed us a 9% loss. Not the most favorable exit prices, but that's how it goes with sell on open. Both have been moved to the completed trades list.
No new opportunities worth taking, so we stick to a small number of positions. Just keeping our powder dry for better setups that will be coming sooner or later. Note that we went to a lower number of stock positions in May and the market has gone nowhere since. Trading is a game of patience.

Stocks
NameCloseTrModeRevL (D)MoM (D)DaysP/L %ActionR
Expand EnergyEXE88.97
12
88.710.94 ▼
6
-2.61%
-0.94▼ 46
Trimble IncTRMB52.71
24
51.592.64 ▲
2
-0.85%
-1.11▼ 25
Xylem IncXYL118.89
22
113.956.48 ▼
15
+6.27%
-0.95▼ 30
Special entries (spBuy or dBuy)
DOW was bought on a spBuy signal at $26.80 (July 1).
AA was bought on a spBuy+ signal at $53.93 (June 29).
Alcoa IncAA48.72
1
58.87-8.09 ▲
19
+26.55%
0.80▷ 30
Dow IncDOW28.50
1
31.39-6.27 ▲
42
+24.02%
0.28▷ 15

■
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

at
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Thursday, July 9, 2026

Trading Journal: July 9, 2026

Daily reversal levels as of the close on July 8, 2026
Major indexes
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
S&P 500^SPX7482.71
12
7407.591.95 ▲
5
+0.05%
Nasdaq 100^NDX29252.56
12
29788.44-0.88 ▼
1
-0.77%
Russell 2000^RUT2956.39
12
➤3001.801.72 ▼
17
+0.87%
Sell
Gold (spot)$XAUUSD4077.39
4
4213.59-0.99 ▲
52
+13.00%
US Oil ETFUSO112.21
1
114.96-5.26 ▲
21
+16.85%
iSh. 20+ Y Tr. Bond ETFTLT84.36
0
86.23-4.69 ▼
4
+1.19%
BitcoinBTC_X62241.10
34
61598.501.77 ▲
2
-2.76%

RUT gives a Sell signal and follows NDX into bearish mode. SPX is still acting a bit stronger, but this kind of cross-currents have been going on for some time.

Stock positions:

In our special entries I am going to use the time stop on NFLX and ZS and close them at today's Open. We entered those trades a month ago and with indexes sputtering I wouldn't extend short term trades indefinitely. ZS can be kept if you are in for the longer term, because it has gone into bullish mode. That depends on your personal strategy.

Stocks
NameCloseTrModeRevL (D)MoM (D)DaysP/L %ActionR
Expand EnergyEXE90.10
12
88.731.08 ▲
5
-1.37%
-0.94▼ 46
Trimble IncTRMB52.40
24
51.642.57 ▲
1
-1.43%
-1.11▼ 25
Xylem IncXYL118.62
22
113.546.92 ▼
14
+6.02%
-0.95▼ 30
Special entries (spBuy or dBuy)
DOW was bought on a spBuy signal at $26.80 (July 1).
AA was bought on a spBuy+ signal at $53.93 (June 29).
NFLX was bought on a dBuy signal at $81.87 (June 11).
ZS was bought on a spBuy signal at $128.11 (June 9).
Alcoa IncAA48.51
1
59.45-8.27 ▲
18
+26.87%
spBuy
0.80▷ 30
Dow IncDOW29.03
1
31.56-7.48 ▲
41
+22.61%
0.28▷ 15
Netflix IncNFLX75.59
10
79.49-1.68 ▲
54
+19.59%
-0.75▼ 33
Zscaler IncZS143.55
32
133.915.64 ▲
6
+6.23%
-1.28▼ 27

■
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

at
Labels: , , , ,

Wednesday, July 8, 2026

Trading Journal: July 8, 2026

Daily reversal levels as of the close on July 7, 2026
Major indexes
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
S&P 500^SPX7503.85
12
7405.431.77 ▲
4
+0.33%
Nasdaq 100^NDX29173.02
12
➤29863.27-0.39 ▼
16
-0.71%
Sell
Russell 2000^RUT2982.49
12
2956.972.80 ▼
16
+1.76%
Gold (spot)$XAUUSD4126.63
4
4223.89-1.46 ▲
51
+11.95%
US Oil ETFUSO108.92
1
114.96-6.84 ▲
20
+19.29%
iSh. 20+ Y Tr. Bond ETFTLT84.55
0
86.41-2.38 ▼
3
+0.97%
BitcoinBTC_X63304.00
34
61610.371.48 ▲
1
-1.10%

NDX is giving a Sell signal, which means a failed rally. RUT is also not far away from a Sell signal. There has been some rotation into the lagging SPX names, which is holding up a bit better.

Stock positions:

The more defensive names in our stock list are benefiting from the weakness in high-flying tech stocks.
We will be adding TRMB, on a standard Buy signal, at today's Open. We last sold this stock at $67 in late Feb and now we can pick it back up around $53.
With the markets rather sideways/choppy it is better more emphasis on shorter term spBuy entries, but we can still add an occasional standard Buy.

Stocks
NameCloseTrModeRevL (D)MoM (D)DaysP/L %ActionR
Expand EnergyEXE89.56
12
88.750.98 ▲
4
-1.96%
-0.94▼ 46
Trimble IncTRMB53.73
24
➤51.622.16 ▲
41
+16.96%
Buy
-1.11▼ 25
Xylem IncXYL120.65
22
113.167.17 ▲
13
+7.84%
pP
-0.95▼ 30
Special entries (spBuy or dBuy)
DOW was bought on a spBuy signal at $26.80 (July 1).
AA was bought on a spBuy+ signal at $53.93 (June 29).
NFLX was bought on a dBuy signal at $81.87 (June 11).
ZS was bought on a spBuy signal at $128.11 (June 9).
Alcoa IncAA49.01
1
60.07-8.40 ▲
17
+26.11%
spBuy
0.80▷ 30
Dow IncDOW28.64
1
31.67-8.26 ▲
40
+23.65%
0.28▷ 15
Netflix IncNFLX76.18
10
79.69-2.79 ▲
53
+18.96%
-0.75▼ 33
Zscaler IncZS149.50
32
133.245.56 ▲
5
+10.63%
-1.28▼ 27

■
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

at
Labels: , , , ,