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Monday, March 9, 2026

Trading Journal: Mar 9, 2026

Daily reversal levels as of the close on March 8, 2026
Major indexes
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
S&P 500^SPX6740.01
42
6893.14-1.73 ▼
3
+1.34%
Nasdaq 100^NDX24643.01
42
25132.56-0.38 ▼
3
+0.84%
Russell 2000^RUT2525.30
39
2652.34-2.57 ▼
3
+3.67%
Gold (spot)$XAUUSD5153.27
124
4991.981.73 ▼
23
+3.15%
US Oil ETFUSO108.77
6
81.1010.00 ▲
39
+53.46%
iSh. 20+ Y Tr. Bond ETFTLT88.46
3
89.59-0.29 ▼
1
-0.16%
BitcoinBTC_X65974.07
17
71246.380.65 ▼
1
+1.91%

With the exception of gold and oil, most markets have gone into bearish mode. We have been urging caution for some time, and reduced our stock positions on Sell signals. Now it becomes a wait for the next opportunities.

Stock positions:

CIEN was closed at a 222% gain and has been moved to the completed trades list.
Daily readers may remember what we posted a few weeks ago, when CIEN was giving pP signals and trading near $340 for over a week. Selling half when a stock is up that much is good strategy and often allows you to buy your stock back at a lower price later on. In this case you would have pocketed a 270% gain on half the position, sold the rest at a 220% profits last Friday, and now wait comfortably with cash on hand to take a next chance (in CIEN or in some other stock).
This is explained in our detailed strategy guides for subscribers.

We have EXC and SHOP as only remaining positions, and if markets continue to decline then they may get sold as well.

Stocks
NameCloseTrModeRevL (D)MoM (D)DaysP/L %ActionR
Exelon CorpEXC49.36
3
47.205.26 ▼
17
+9.96%
-0.35▷ 30
ShopifySHOP130.20
6
121.312.20 ▲
2
+1.38%
0.32▷ 69

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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