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Thursday, June 4, 2026

Trading Journal: June 4, 2026

Daily reversal levels as of the close on June 3, 2026
Major indexes
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
S&P 500^SPX7553.67
7
7333.778.12 ▼
39
+11.35%
pP
Nasdaq 100^NDX30571.24
7
28450.169.25 ▲
39
+22.69%
pP+
Russell 2000^RUT2893.51
7
2828.465.32 ▼
39
+10.75%
dSell
Gold (spot)$XAUUSD4434.54
136
4593.71-2.16 ▼
27
+5.38%
US Oil ETFUSO140.86
18
134.31-2.95 ▲
6
-7.21%
Buy
iSh. 20+ Y Tr. Bond ETFTLT85.31
11
84.933.43 ▲
4
-0.58%
BitcoinBTC_X64144.38
29
75570.70-7.70 ▼
15
+16.52%

New partial profits signals for SPX and NDX. RUT gives a dSell (bearish divergence) and Oil USO gives a new Buy signal.

Stock positions:

GOOG was closed at a 19% profit and has been moved to the completed trades list.
OTIS is not acting right. MoM has turned back down and I always try to err on the side of caution with spBuy trades. We will close it at today's Open and wait for a next chance.

Stocks
NameCloseTrModeRevL (D)MoM (D)DaysP/L %ActionR
Cognizant Technology SolutionsCTSH53.51
15
51.445.84 ▼
7
+2.80%
-1.12▼ 50
Microchip TechnologyMCHP96.55
7
88.531.28 ▲
40
+34.06%
0.63▲ 14
Special entries (spBuy or dBuy)
DOW was bought on a spBuy signal at $34.56 (Jun2 2).
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 IncDOW35.40
20
36.90-4.92 ▲
18
+5.63%
0.67▷ 10
Ingram MicroINGM30.82
25
27.088.26 ▲
3
+9.10%
0.90▲ 9
Otis WorldwideOTIS69.92
11
73.94-4.26 ▼
61
+20.61%
-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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