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Thursday, April 23, 2026

Trading Journal: Apr 23, 2026

Daily reversal levels as of the close on April 22, 2026
Major indexes
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
S&P 500^SPX7137.89
1
6749.039.73 ▼
10
+5.22%
pP+
Nasdaq 100^NDX26932.27
1
24961.8410.00 ▲
10
+8.08%
Russell 2000^RUT2785.38
1
2626.209.05 ▼
10
+6.61%
pP
Gold (spot)$XAUUSD4740.42
130
4689.251.49 ▼
6
-2.06%
US Oil ETFUSO129.40
12
116.63-0.54 ▲
71
+82.56%
Add
iSh. 20+ Y Tr. Bond ETFTLT86.74
5
87.370.21 ▼
33
+1.79%
BitcoinBTC_X78209.43
23
71820.844.44 ▲
15
+8.75%

Stock indexes are starting to go into weak bullish mode, with MoM now coming down. That means we still have to stay patient when it comes to adding new positions.

Stock positions:

PEP and TXT are giving Sell signals and will be closed at today's Open. Those positions never got going, so we take the small loss. The other positions we opened two weeks ago are up 10-20% and easily take care of those losses.

That's how it goes. Take qualified chances and keep what is working. Many traders are paralysed when the news is "bad", and only take chances when it feels "safe" to do so. That is the least safe way of trading. Try to do the opposite of what the crowd is doing. Then your results will naturally differ from the results they are getting.

Stocks
NameCloseTrModeRevL (D)MoM (D)DaysP/L %ActionR
Arista NetworksANET177.73
1
146.0410.00 ▲
11
+24.29%
0.43▲ 38
Alphabet Cl. CGOOG337.73
2
314.868.95 ▼
12
+12.52%
pP
0.73▲ 34
Idex CorpIEX203.63
19
195.205.73 ▼
10
+3.31%
0.32▲ 6
Microchip TechnologyMCHP82.48
1
69.989.67 ▲
11
+14.52%
pP+
0.35▲ 8
Pepsico IncPEP153.79
4
157.530.63 ▼
9
-2.14%
Sell
0.14▷ 2
Textron IncTXT89.46
4
92.221.06 ▼
7
-3.74%
Sell
0.35▷ 9
Special entries (spBuy or dBuy)
XOM was bought on a spBuy signal at $147.16 (Apr 21).
DUOL was bought on a dBuy signal at $101.02 (Apr 16).
DuolingoDUOL105.52
41
97.422.94 ▲
4
-0.35%
-1.80▼ 32
Exxon Mobil CorpXOM149.50
33
157.42-6.06 ▲
10
+4.69%
0.72▲ 8

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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