Blog Archive

Tuesday, July 21, 2026

Trading Journal: July 21, 2026

Daily reversal levels as of the close on July 20, 2026
Major indexes
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
S&P 500^SPX7443.28
14
7535.301.11 ▼
1
+0.61%
Nasdaq 100^NDX28604.23
14
29553.39-2.23 ▼
2
-0.52%
Russell 2000^RUT2942.43
14
2994.14-1.31 ▼
8
+0.70%
Gold (spot)$XAUUSD4007.70
6
4126.40-2.15 ▼
60
+14.49%
US Oil ETFUSO125.51
0
112.517.76 ▲
5
+4.03%
iSh. 20+ Y Tr. Bond ETFTLT83.89
2
85.37-7.00 ▲
12
+1.75%
BitcoinBTC_X65215.70
36
62767.141.86 ▲
14
+1.89%

Stock indexes stay in bearish mode. Oil USO and Bitcoin are bullish.

Stock positions:

DOW was closed at a 13% profit and has been moved to the completed trades list.
We still have a sizeable paper loss in AA to deal with. Waiting for a bit of a rebound to exit. spBuy signals come with more risk than the standard Buy signals, because there is no clear exit point on spBuy. This one went against us very rapidly. Some traders tend to double down on such trades by buying 'another tranche'. That lowers the cost basis, but also doubles the position size. It is not a recommended strategy to do that, but it will work sometimes.

Stocks
NameCloseTrModeRevL (D)MoM (D)DaysP/L %ActionR
Pfizer IncPFE24.75
10
24.382.64 ▲
3
-0.76%
-0.64▼ 178
Xylem IncXYL120.62
0
117.095.53 ▼
22
+7.81%
-0.91▼ 32
Special entries (spBuy or dBuy)
NFLX was bought on a spBuy++ signal at $67.66 (July 20).
AA was bought on a spBuy+ signal at $53.93 (June 29).
Alcoa IncAA43.48
3
55.63-5.91 ▼
26
+34.45%
0.57▷ 32
Netflix IncNFLX67.60
12
76.83-4.07 ▼
62
+28.09%
-0.80▼ 35

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.

Socials: X (Twitter) | Telegram | Stocktwits.

Note: This trading journal is not a recommendation to invest in the mentioned companies.

© 2015 - 2026 Reversallevels.com