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Friday, March 6, 2026

Trading Journal: Mar 6, 2026

Daily reversal levels as of the close on March 5, 2026
Major indexes
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
S&P 500^SPX6830.72
41
6904.70-1.00 ▼
2
+0.01%
Nasdaq 100^NDX25020.41
41
25146.56-0.10 ▲
2
-0.68%
Russell 2000^RUT2585.57
38
2660.82-1.37 ▼
2
+1.37%
Gold (spot)$XAUUSD5081.15
123
4983.302.34 ▼
22
+1.71%
US Oil ETFUSO96.31
5
79.9410.00 ▲
38
+35.88%
iSh. 20+ Y Tr. Bond ETFTLT88.79
2
89.661.76 ▼
16
+0.85%
Sell
BitcoinBTC_X70883.43
16
67978.161.03 ▲
1
-2.48%
Stock indexes stay in bearish mode and Bonds TLT give another Sell signal. The only remaining standout is Oil USO, up almost 36% since our Buy signal on January 9.

Stock positions:

AAPL and KDP were closed near breakeven and have been moved to the completed trades list.
SHOP was entered on Open at $128.43, and is up quite nicely already.
CIEN, our big mover, is giving a Sell signal and will be closed at today's Open.
Note that CIEN is still in a bullish trend (Tr), so longer term investors can hold. In our advanced methods we also have different ways to exit with a limit Sell order. But that's all beyond the purpose of this blog, where we just show the core concepts for those who want to grasp the method before they subscribe.
Markets stay shaky, so we stay patient and mostly out at this point.

Stocks
NameCloseTrModeRevL (D)MoM (D)DaysP/L %ActionR
CIENA CorpCIEN299.30
42
325.073.80 ▼
131
+227.35%
Sell
1.81▲ 73
Exelon CorpEXC48.77
2
47.085.99 ▼
16
+8.64%
-0.40▷ 29
ShopifySHOP134.79
5
120.781.40 ▲
1
+4.95%
0.38▷ 68

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.

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

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