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Thursday, July 16, 2026

Trading Journal: July 16, 2026

Daily reversal levels as of the close on July 15, 2026
Major indexes
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
S&P 500^SPX7572.40
13
7461.942.80 ▲
10
+1.25%
Nasdaq 100^NDX29502.60
13
29203.05-0.51 ▲
3
+0.11%
Russell 2000^RUT2976.26
13
2996.48-0.90 ▼
5
-0.44%
Gold (spot)$XAUUSD4060.60
5
4164.95-1.16 ▼
57
+13.36%
US Oil ETFUSO121.38
2
111.053.20 ▲
2
+0.61%
iSh. 20+ Y Tr. Bond ETFTLT84.24
1
85.62-8.31 ▲
9
+1.34%
spBuy
BitcoinBTC_X64709.40
35
62248.341.95 ▲
9
+1.10%

SPX and NDX are in bullish mode, but not going up much. RUT stays in bearish mode, and is not going down. Typical for a market standstill.

Stock positions:

TRMB was closed at a 2% loss and has been moved to the completed trades list.
That's all we do. We keep taking chances and cut the losses. What remains will produce some good wins. The market is not always in a "giving" mood. In a sideways chop there are fewer good trending moves to be had. We have to accept that.
Today we will add PFE, which is on a standard Buy signal. This is another defensive name. We will add it at the Open.

Stocks
NameCloseTrModeRevL (D)MoM (D)DaysP/L %ActionR
Pfizer IncPFE24.82
9
24.23-0.74 ▲
17
+1.59%
Buy
-0.63▼ 177
Xylem IncXYL121.43
23
115.885.88 ▼
19
+8.54%
-0.94▼ 31
Special entries (spBuy or dBuy)
DOW was bought on a spBuy signal at $26.80 (July 1).
AA was bought on a spBuy+ signal at $53.93 (June 29).
Alcoa IncAA48.58
2
57.13-5.73 ▲
23
+26.76%
0.70▷ 31
Dow IncDOW29.70
2
31.13-0.29 ▲
46
+20.82%
-0.11▼ 0

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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