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Thursday, July 9, 2026

Trading Journal: July 9, 2026

Daily reversal levels as of the close on July 8, 2026
Major indexes
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
S&P 500^SPX7482.71
12
7407.591.95 ▲
5
+0.05%
Nasdaq 100^NDX29252.56
12
29788.44-0.88 ▼
1
-0.77%
Russell 2000^RUT2956.39
12
3001.801.72 ▼
17
+0.87%
Sell
Gold (spot)$XAUUSD4077.39
4
4213.59-0.99 ▲
52
+13.00%
US Oil ETFUSO112.21
1
114.96-5.26 ▲
21
+16.85%
iSh. 20+ Y Tr. Bond ETFTLT84.36
0
86.23-4.69 ▼
4
+1.19%
BitcoinBTC_X62241.10
34
61598.501.77 ▲
2
-2.76%

RUT gives a Sell signal and follows NDX into bearish mode. SPX is still acting a bit stronger, but this kind of cross-currents have been going on for some time.

Stock positions:

In our special entries I am going to use the time stop on NFLX and ZS and close them at today's Open. We entered those trades a month ago and with indexes sputtering I wouldn't extend short term trades indefinitely. ZS can be kept if you are in for the longer term, because it has gone into bullish mode. That depends on your personal strategy.

Stocks
NameCloseTrModeRevL (D)MoM (D)DaysP/L %ActionR
Expand EnergyEXE90.10
12
88.731.08 ▲
5
-1.37%
-0.94▼ 46
Trimble IncTRMB52.40
24
51.642.57 ▲
1
-1.43%
-1.11▼ 25
Xylem IncXYL118.62
22
113.546.92 ▼
14
+6.02%
-0.95▼ 30
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).
NFLX was bought on a dBuy signal at $81.87 (June 11).
ZS was bought on a spBuy signal at $128.11 (June 9).
Alcoa IncAA48.51
1
59.45-8.27 ▲
18
+26.87%
spBuy
0.80▷ 30
Dow IncDOW29.03
1
31.56-7.48 ▲
41
+22.61%
0.28▷ 15
Netflix IncNFLX75.59
10
79.49-1.68 ▲
54
+19.59%
-0.75▼ 33
Zscaler IncZS143.55
32
133.915.64 ▲
6
+6.23%
-1.28▼ 27

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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