Blog Archive

Tuesday, June 9, 2026

Trading Journal: June 9, 2026

Daily reversal levels as of the close on June 8, 2026
Major indexes
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
S&P 500^SPX7405.72
8
7351.703.47 ▼
42
+9.17%
Nasdaq 100^NDX29414.26
8
28632.565.50 ▼
42
+18.04%
Russell 2000^RUT2855.42
8
2886.252.31 ▼
1
+0.26%
Gold (spot)$XAUUSD4329.92
0
4547.72-3.13 ▼
30
+7.61%
US Oil ETFUSO135.15
19
139.55-1.87 ▲
1
-0.15%
iSh. 20+ Y Tr. Bond ETFTLT84.62
12
85.542.14 ▼
7
-1.39%
Sell
BitcoinBTC_X63087.04
30
71787.98-9.41 ▲
20
+17.89%
spBuy

Sell signal for TLT, which means it had another failed rally.
Bitcoin is on a spBuy signal with MoM turning back up after the recent sell-off. It looks like the 60k level survived another test.

Stock positions:

MCHP was closed at a 27% profit and has been moved to the completed trades list.
INGM turns to weak bullish after a recent sharp rally. It is also in weak bullish trend. Don't let a good profit get away. We will close this trade at the today's Open and focus on new chances.
ZS is on a spBuy signal and will be added at today's Open. We had a previous special entry for ZS in January, which was closed at a loss. That's when the stock still traded above $200. We can now pick it back up at $130. That's what cutting losses quick and being patient can do. It doesn't guarantee the next trade will be a winner, but waiting on the sidelines during bear markets and getting back in at (much) lower price is a winning strategy in the long run. Just don't try it with struggling companies or dying sectors.

Stocks
NameCloseTrModeRevL (D)MoM (D)DaysP/L %ActionR
Cognizant Technology SolutionsCTSH52.99
16
51.723.07 ▼
10
+1.81%
-1.13▼ 51
GE HealthcareGEHC64.67
13
62.870.42 ▲
1
-0.12%
-0.94▼ 105
Zimmer Biomet HoldingsZBH87.27
11
84.381.74 ▲
2
-0.38%
-0.76▼ 146
Special entries (spBuy or dBuy)
DOW was bought on a spBuy signal at $34.56 (Jun2 2).
INGM was bought on a spBuy signal at $25.77 (May 20).
ZS will be bought on spBuy signal at today's Open.
Dow IncDOW34.20
21
36.27-3.72 ▲
21
+8.82%
0.64▷ 11
Ingram MicroINGM29.53
26
27.518.56 ▼
6
+4.53%
0.93▲ 10
Zscaler IncZS129.25
28
153.09-5.64 ▼
8
-2.13%
spBuy
-1.33▼ 23

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

Monday, June 8, 2026

Trading Journal: June 8, 2026

Daily reversal levels as of the close on June 7, 2026
Major indexes
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
S&P 500^SPX7383.73
8
7348.895.90 ▼
41
+8.85%
Nasdaq 100^NDX28957.60
8
28603.508.19 ▼
41
+16.21%
Russell 2000^RUT2833.50
8
2886.703.71 ▼
41
+8.45%
Sell
Gold (spot)$XAUUSD4316.41
0
4572.74-2.54 ▼
29
+7.90%
US Oil ETFUSO133.02
19
140.00-2.15 ▲
2
-2.67%
Sell
iSh. 20+ Y Tr. Bond ETFTLT85.06
12
84.973.08 ▼
6
-0.87%
BitcoinBTC_X63331.27
30
72373.55-9.54 ▼
19
+17.57%

Steep drop last Friday. RUT is on a Sell signal already. SPX and NDX are staying just above their RevL and stay weak bullish for now.

Stock positions:

We have a Sell signal for MCHP. That means we will close it at today's Open.
GEHC is giving a Buy signal. We will add it at the Open today. There was a previous trade with GEHC in March, and it was closed at $70.39 on April 2 (See: Completed Trades). We will now pick this stock back up around $64, which is a significant reduction in our cost basis. This is how you can benefit from declines without going short.

Stocks
NameCloseTrModeRevL (D)MoM (D)DaysP/L %ActionR
Cognizant Technology SolutionsCTSH53.21
16
51.624.12 ▼
9
+2.23%
-1.13▼ 51
GE HealthcareGEHC64.67
13
62.74-0.23 ▲
31
+8.90%
Buy
-0.94▼ 105
Microchip TechnologyMCHP88.34
8
93.600.68 ▼
42
+22.66%
Sell
0.64▲ 15
Zimmer Biomet HoldingsZBH87.33
11
84.170.77 ▲
1
-0.31%
-0.76▼ 146
Special entries (spBuy or dBuy)
DOW was bought on a spBuy signal at $34.56 (Jun2 2).
INGM was bought on a spBuy signal at $25.77 (May 20).
Dow IncDOW33.97
21
36.51-3.99 ▲
20
+9.44%
0.64▷ 11
Ingram MicroINGM29.51
26
27.398.91 ▲
5
+4.46%
0.93▲ 10

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

Friday, June 5, 2026

Trading Journal: June 5, 2026

Daily reversal levels as of the close on June 4, 2026
Major indexes
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
S&P 500^SPX7584.32
7
7347.257.88 ▼
40
+11.80%
pP
Nasdaq 100^NDX30407.81
7
28575.489.07 ▼
40
+22.03%
pP+
Russell 2000^RUT2935.33
7
2834.764.99 ▼
40
+12.35%
Gold (spot)$XAUUSD4475.44
136
4584.57-2.13 ▲
28
+4.51%
US Oil ETFUSO136.74
18
134.40-2.44 ▲
1
+0.05%
iSh. 20+ Y Tr. Bond ETFTLT85.50
11
84.973.54 ▲
5
-0.36%
BitcoinBTC_X63884.27
29
74748.56-8.49 ▼
16
+16.85%

Stock indexes have turned to weak bullish mode. The high-flying names are due for some pullback.
Bitcoin keep sinking and is at risk of falling to new 18 month lows. We wait for the next signs of a tradeable bottom.

Stock positions:

OTIS was closed at a 1% loss and has been moved to the completed trades list.
It's important not to dwell on trades that don't work. The main thing is to keep taking good chances with some regularity. Then just keep the ones that move in the right direction and cut the losses quickly. With this kind of method about 80% of the profits will always come from just 20% of the trades (Pareto law).

We will be adding ZBH at today's Open. It is on a regular Buy signal and is one of the many beaten down defensive names.

Stocks
NameCloseTrModeRevL (D)MoM (D)DaysP/L %ActionR
Cognizant Technology SolutionsCTSH53.40
15
51.565.17 ▼
8
+2.59%
-1.12▼ 50
Microchip TechnologyMCHP96.30
7
89.011.51 ▲
41
+33.71%
0.63▲ 14
Zimmer Biomet HoldingsZBH86.69
10
83.96-0.27 ▲
28
+5.03%
Buy
-0.75▼ 145
Special entries (spBuy or dBuy)
DOW was bought on a spBuy signal at $34.56 (Jun2 2).
INGM was bought on a spBuy signal at $25.77 (May 20).
Dow IncDOW34.79
20
36.74-4.34 ▲
19
+7.25%
0.67▷ 10
Ingram MicroINGM30.72
25
27.268.79 ▲
4
+8.74%
0.90▲ 9

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