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Wednesday, April 8, 2026

Trading Journal: Apr 8, 2026

Daily reversal levels as of the close on April 7, 2026
Major indexes
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
S&P 500^SPX6616.84
2
6639.27-1.62 ▲
24
+3.14%
Nasdaq 100^NDX24202.37
2
24210.33-1.88 ▲
24
+2.61%
Russell 2000^RUT2544.94
2
2546.040.46 ▲
24
+2.92%
Gold (spot)$XAUUSD4705.65
128
4804.40-1.21 ▲
16
+6.35%
US Oil ETFUSO138.08
10
110.248.79 ▲
60
+94.81%
iSh. 20+ Y Tr. Bond ETFTLT86.64
3
87.69-2.32 ▲
22
+1.90%
BitcoinBTC_X71917.66
21
67236.940.09 ▲
17
-4.36%
Buy

US stock indexes are only a fraction away from giving Buy signals.
Bitcoin is already on a Buy signal.

Stock positions:

GOOG was entered at yesterday's Open, and is up quite nicely already.
We have buy signals for ANET and MCHP, which will be added at the Open today.
In your own trading it is always good to use limit orders and try to get in on weakness. But for the purpose of this trading journal we keep it simple.
The more sophisticated strategies are reserved for subscribers of reversal levels.

Stocks
NameCloseTrModeRevL (D)MoM (D)DaysP/L %ActionR
Arista NetworksANET133.64
1
125.25-2.70 ▲
11
-0.12%
Buy
0.27▲ 36
Alphabet Cl. CGOOG303.93
0
289.76-1.47 ▲
1
+1.26%
0.78▲ 32
Microchip TechnologyMCHP67.51
4
64.720.62 ▲
26
+7.34%
Buy
0.30▷ 6
Special entries (spBuy or dBuy)
PPLT was bought on a dBuy signal at $172.43 (Mar 31).
TTD was bought on a dBuy signal at $22.64 (Apr 1).
abrdn Physical Platinum ETFPPLT177.92
1
183.24-1.17 ▲
1.19▲ 47
Trade Desk IncTTD20.70
34
24.61-4.17 ▲
-1.45▼ 58

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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