| Major indexes | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Name | Close | Tr | Mode | RevL (D) | MoM (D) | Days | P/L % | Action | |
| S&P 500 | ^SPX | 7584.32 | 7 | 7347.25 | 7.88 ▼ | 40 | +11.80% | pP | |
| Nasdaq 100 | ^NDX | 30407.81 | 7 | 28575.48 | 9.07 ▼ | 40 | +22.03% | pP+ | |
| Russell 2000 | ^RUT | 2935.33 | 7 | 2834.76 | 4.99 ▼ | 40 | +12.35% | ||
| Gold (spot) | $XAUUSD | 4475.44 | 136 | 4584.57 | -2.13 ▲ | 28 | +4.51% | ||
| US Oil ETF | USO | 136.74 | 18 | 134.40 | -2.44 ▲ | 1 | +0.05% | ||
| iSh. 20+ Y Tr. Bond ETF | TLT | 85.50 | 11 | 84.97 | 3.54 ▲ | 5 | -0.36% | ||
| Bitcoin | BTC_X | 63884.27 | 29 | 74748.56 | -8.49 ▼ | 16 | +16.85% | ||
Stock indexes have turned to weak bullish mode. The high-flying names are due for some pullback.
Bitcoin keep sinking and is at risk of falling to new 18 month lows. We wait for the next signs of a tradeable bottom.
Stock positions:
OTIS was closed at a 1% loss and has been moved to the completed trades list.
It's important not to dwell on trades that don't work. The main thing is to keep taking good chances with some regularity. Then just keep the ones that move in the right direction and cut the losses quickly. With this kind of method about 80% of the profits will always come from just 20% of the trades (Pareto law).
We will be adding ZBH at today's Open. It is on a regular Buy signal and is one of the many beaten down defensive names.
| Stocks | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Name | Close | Tr | Mode | RevL (D) | MoM (D) | Days | P/L % | Action | R | |
| Cognizant Technology Solutions | CTSH | 53.40 | 15 | 51.56 | 5.17 ▼ | 8 | +2.59% | -1.12▼ 50 | ||
| Microchip Technology | MCHP | 96.30 | 7 | 89.01 | 1.51 ▲ | 41 | +33.71% | 0.63▲ 14 | ||
| Zimmer Biomet Holdings | ZBH | 86.69 | 10 | ➤ | 83.96 | -0.27 ▲ | 28 | +5.03% | Buy | -0.75▼ 145 |
| 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). | ||||||||||
| Dow Inc | DOW | 34.79 | 20 | 36.74 | -4.34 ▲ | 19 | +7.25% | 0.67▷ 10 | ||
| Ingram Micro | INGM | 30.72 | 25 | 27.26 | 8.79 ▲ | 4 | +8.74% | 0.90▲ 9 | ||
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