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Tuesday, June 2, 2026

Trading Journal: June 2, 2026

Daily reversal levels as of the close on June 1, 2026
Major indexes
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
S&P 500^SPX7599.95
7
7296.848.02 ▲
37
+12.03%
Nasdaq 100^NDX30513.86
7
28130.869.04 ▲
37
+22.46%
Russell 2000^RUT2905.76
7
2811.885.50 ▲
37
+11.22%
Gold (spot)$XAUUSD4484.87
136
4615.02-2.33 ▲
25
+4.31%
US Oil ETFUSO135.50
18
140.67-3.47 ▼
4
-3.13%
iSh. 20+ Y Tr. Bond ETFTLT85.47
11
84.832.16 ▲
2
-0.40%
BitcoinBTC_X71409.53
29
76716.56-4.95 ▼
13
+7.06%

New record highs for stock indexes. It gets repetitive, but that's how it goes.

Stock positions:

DOW is on spBuy signal and we will add it at today's Open. It has a positive R and is still in weak bullish trend. It's about 7% below our most recent sell price, so that can be a good re-entry trade.
OTIS, our other spBuy trade, is falling our entry price. We can give it a bit more breathing room, but if it stays double red then we will better get out eventually.

Stocks
NameCloseTrModeRevL (D)MoM (D)DaysP/L %ActionR
Cognizant Technology SolutionsCTSH57.16
15
51.175.59 ▲
5
+9.82%
pP
-1.12▼ 50
Alphabet Cl. CGOOG372.58
8
367.25-0.66 ▼
39
+24.14%
0.79▲ 40
Microchip TechnologyMCHP91.52
7
87.751.05 ▼
38
+27.08%
0.63▲ 14
Special entries (spBuy or dBuy)
DOW is on a spBuy signal and will be added at the Open today.
INGM was bought on a spBuy signal at $25.77 (May 20).
OTIS was bought on a spBuy+ signal at $71.83 (May 22).
Dow IncDOW34.69
20
37.34-5.50 ▼
16
+7.52%
spBuy
0.67▷ 10
Ingram MicroINGM29.56
25
26.713.01 ▲
1
+4.64%
0.90▲ 9
Otis WorldwideOTIS69.34
11
74.52-4.02 ▼
59
+21.27%
-0.90▼ 50

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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