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Friday, July 17, 2026

Trading Journal: July 17, 2026

Daily reversal levels as of the close on July 16, 2026
Major indexes
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
S&P 500^SPX7533.77
13
7468.032.64 ▼
11
+0.73%
Nasdaq 100^NDX29025.77
13
29744.16-0.80 ▼
4
-1.51%
Sell
Russell 2000^RUT2974.57
13
2996.46-0.96 ▼
6
-0.38%
Gold (spot)$XAUUSD3976.57
5
4153.33-1.57 ▼
58
+15.15%
US Oil ETFUSO119.30
2
111.474.78 ▲
3
-1.12%
iSh. 20+ Y Tr. Bond ETFTLT84.21
1
85.51-8.23 ▲
10
+1.37%
BitcoinBTC_X63789.50
35
62379.791.93 ▼
10
-0.34%

Sell signal for NDX. We keep seeing this constant hesitation and cross-currents, as I have been pointing out for weeks. This is a tricky environment. Some kind of catalyst may be needed to get us out of this.

Stock positions:

Only a few remaining positions. XYL is up 12% and may turn double green soon. PFE is off to a good start too.
DOW is up about 10% since our latest spBuy entry. It is not far from its RevL and if it turns to bullish mode, then the risk would be gone from this trade.
AA is not doing so well, but MoM still points up and we decided to hold on after the stock took a dip on acquisition news.

Stocks
NameCloseTrModeRevL (D)MoM (D)DaysP/L %ActionR
Pfizer IncPFE25.14
9
24.280.68 ▲
1
+0.80%
-0.63▼ 177
Xylem IncXYL125.30
23
116.326.25 ▲
20
+12.00%
-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 IncAA46.85
2
56.69-5.37 ▲
24
+29.37%
0.70▷ 31
Dow IncDOW29.30
2
31.060.40 ▲
47
+21.89%
-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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