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Wednesday, May 20, 2026

Trading Journal: May 20, 2026

Daily reversal levels as of the close on May 19, 2026
Major indexes
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
S&P 500^SPX7353.62
5
7140.658.07 ▼
29
+8.40%
Nasdaq 100^NDX28818.84
5
27072.809.32 ▼
29
+15.65%
Russell 2000^RUT2747.07
5
2741.540.70 ▼
29
+5.14%
Gold (spot)$XAUUSD4482.13
134
4707.62-1.29 ▼
16
+4.37%
US Oil ETFUSO152.96
16
136.923.46 ▲
90
+115.80%
iSh. 20+ Y Tr. Bond ETFTLT83.02
9
85.70-7.83 ▼
52
+6.00%
BitcoinBTC_X76834.72
27
78836.66-1.79 ▼
42
+6.84%
Sell

Stock indexes stay weak bullish with RUT at the verge of going into bearish mode already.
Bitcoin is giving a Sell signal. Not a great rally. But a 6% gain is better than nothing.

Stock positions:

ORLA is going too far below our entry price and with gold in bearish mode it is risky to hold on. We will close it at the Open and take the small loss.
INGM is on spBuy signal and will be added at the Open.

Stocks
NameCloseTrModeRevL (D)MoM (D)DaysP/L %ActionR
Alphabet Cl. CGOOG384.90
6
358.638.14 ▼
31
+28.24%
0.80▲ 38
Microchip TechnologyMCHP91.81
5
84.643.24 ▼
30
+27.48%
0.59▲ 12
Special entries (spBuy or dBuy)
INGM is on a spBuy signal and will be added at today's Open.
AJG was bought on a limit Buy at $200 (May 8).
ORLA was bought on a spBuy signal at $13.2 (May 1).
Arthur J. Gallagher & CoAJG203.45
48
208.13-2.92 ▲
17
+4.54%
-1.12▼ 41
Ingram MicroINGM25.57
23
27.75-7.03 ▲
9
+5.82%
spBuy
0.93▷ 7
Orla MiningORLA12.17
2
14.96-1.87 ▼
23
+26.24%
0.81▷ 74

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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