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Monday, April 20, 2026

Trading Journal: Apr 20, 2026

Daily reversal levels as of the close on April 19, 2026
Major indexes
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
S&P 500^SPX7126.05
1
6674.489.61 ▲
7
+5.05%
pP+
Nasdaq 100^NDX26672.43
1
24557.869.72 ▲
7
+7.04%
pP+
Russell 2000^RUT2776.90
1
2579.988.86 ▲
7
+6.29%
pP+
Gold (spot)$XAUUSD4854.67
130
4683.612.34 ▲
3
+0.30%
US Oil ETFUSO116.04
12
114.96-0.20 ▼
68
+63.71%
iSh. 20+ Y Tr. Bond ETFTLT87.07
5
87.430.18 ▲
30
+1.42%
BitcoinBTC_X73824.27
23
71059.954.98 ▼
12
+2.65%

Stock indexes stay double green, while on pP signals with MoM at a very high +9. This is not where we add to positions, so we manage what we have and wait for the overbought conditions to get worked off.

Stock positions:

Nothing to do today. We have some nice paper gains in less than 10 days, but we try to ride out the entire move. Very short term traders can still use the pP signals to sell half (or all).

Stocks
NameCloseTrModeRevL (D)MoM (D)DaysP/L %ActionR
Arista NetworksANET164.23
1
138.239.46 ▲
8
+14.85%
pP+
0.43▲ 38
Alphabet Cl. CGOOG339.40
2
308.599.33 ▲
9
+13.08%
pP+
0.73▲ 34
Idex CorpIEX205.92
19
193.376.06 ▲
7
+4.47%
0.32▲ 6
Microchip TechnologyMCHP78.76
1
67.638.77 ▲
8
+9.36%
pP+
0.35▲ 8
Pepsico IncPEP157.67
4
154.291.34 ▲
6
+0.32%
0.14▷ 2
Textron IncTXT91.61
4
90.002.31 ▼
4
-1.43%
0.35▷ 9
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)
DuolingoDUOL100.51
41
95.820.10 ▲
1
-5.08%
-1.80▼ 32
abrdn Physical Platinum ETFPPLT192.47
3
181.794.61 ▲
7
+3.56%
1.07▲ 49

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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