| Major indexes | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Name | Close | Tr | Mode | RevL (D) | MoM (D) | Days | P/L % | Action | |
| S&P 500 | ^SPX | 7337.11 | 3 | 6975.38 | 8.30 ▲ | 21 | +8.16% | pP+ | |
| Nasdaq 100 | ^NDX | 28563.95 | 3 | 26205.08 | 9.67 ▲ | 21 | +14.63% | pP+ | |
| Russell 2000 | ^RUT | 2839.63 | 3 | 2703.04 | 6.02 ▲ | 21 | +8.69% | ||
| Gold (spot) | $XAUUSD | 4687.31 | 132 | 4734.59 | -2.10 ▲ | 8 | -0.01% | ||
| US Oil ETF | USO | 134.97 | 14 | 130.17 | 4.12 ▼ | 82 | +90.42% | ||
| iSh. 20+ Y Tr. Bond ETF | TLT | 85.65 | 7 | 86.60 | -4.29 ▲ | 44 | +3.02% | ||
| Bitcoin | BTC_X | 80005.60 | 26 | 75089.98 | 4.59 ▲ | 30 | +11.25% | ||
Stock indexes stay double green and on pP signals. They look overextended and the mood could turn any day. Half of the SPX stocks are actually in bearish mode, so only a few sectors are pushing the indexes to new records. That's tricky.
Stock positions:
ANET was closed with a 4% gain and has been moved to the completed trades list.
IEX is showing a bearish divergence (dSell). We will use it to take the profit on this trade.
As a replacement we will try to add AJG on weakness, at $200 or better. The stock is on a spBuy+ signal with MoM is still coming down, so we use a limit order.
| Stocks | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Name | Close | Tr | Mode | RevL (D) | MoM (D) | Days | P/L % | Action | R | |
| Alphabet Cl. C | GOOG | 395.30 | 4 | 340.04 | 10.00 ▲ | 23 | +31.71% | 0.75▲ 36 | ||
| Idex Corp | IEX | 214.87 | 21 | 203.48 | 6.62 ▼ | 21 | +9.01% | dSell | 0.34▲ 8 | |
| Microchip Technology | MCHP | 101.58 | 3 | 80.16 | 10.00 ▲ | 22 | +41.04% | 0.49▲ 10 | ||
| Special entries (spBuy or dBuy) | ||||||||||
| AJG is on a spBuy+ signal and will be bought at $200 or better (limit buy). DLTR was bought on a dBuy signal at $96.09 (May 7). PAYX was bought on a limit Buy at $92 (Apr 30). ORLA was bought on a spBuy signal at $13.2 (May 1). | ||||||||||
| Arthur J. Gallagher & Co | AJG | 201.94 | 46 | 214.67 | -5.53 ▼ | 9 | +5.25% | spBuy+ | -1.08▼ 39 | |
| Dollar Tree Inc | DLTR | 96.76 | 7 | 101.64 | -4.20 ▲ | 47 | +17.71% | 0.09▷ 47 | ||
| Paychex Inc | PAYX | 94.26 | 44 | 90.77 | 1.15 ▲ | 6 | +1.44% | -1.02▼ 41 | ||
| Orla Mining | ORLA | 14.28 | 0 | 15.31 | -4.44 ▲ | 15 | +13.45% | 0.99▷ 72 | ||
Quick start guide (no registration needed): ReversalLevels.pdf.
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.
Socials: X (Twitter) | Telegram | Stocktwits.
Note: This trading journal is not a recommendation to invest in the mentioned companies.
© 2015 - 2026 Reversallevels.com