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Wednesday, August 5, 2026

Trading Journal: Aug 5, 2026

Daily reversal levels as of the close on August 4, 2026
Major indexes
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
S&P 500^SPX7736.52
16
7432.971.10 ▲
1
+1.39%
Nasdaq 100^NDX29733.16
16
28172.14-2.10 ▲
1
+2.14%
Russell 2000^RUT3036.98
16
2939.81-0.20 ▲
1
+1.57%
Gold (spot)$XAUUSD4077.42
9
4111.160.14 ▲
5
-1.16%
US Oil ETFUSO115.78
0
123.511.28 ▼
16
-4.04%
Sell
iSh. 20+ Y Tr. Bond ETFTLT82.82
2
84.13-7.01 ▼
23
+3.00%
BitcoinBTC_X64053.70
38
64719.38-1.60 ▲
4
-1.96%

Another strong up day for stocks. Oil USO gives a Sell signal.

Stock positions:

Bull moves often come unannounced and unexpected. That's why we keep taking changes, even if the market looks weak. Now we ride this move and see where it runs out of steam.
It's important not to chase. We wait for at least some kind of pause or pullback to enter new positions.

Stocks
NameCloseTrModeRevL (D)MoM (D)DaysP/L %ActionR
Antero ResourcesAR35.69
12
34.283.39 ▲
4
+2.65%
-0.65▼ 10
Boston ScientificBSX49.09
45
44.724.89 ▲
6
+5.75%
pP
-1.53▼ 45
Pfizer IncPFE25.41
12
24.562.06 ▲
14
+1.88%
-0.66▼ 180
Special entries (spBuy or dBuy)
VMI was bought on a spBuy signal at $482.49 (July 31).
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 IncAA46.83
5
50.70-2.96 ▲
37
+29.40%
0.24▷ 34
Netflix IncNFLX73.57
14
74.021.08 ▲
73
+21.73%
-0.83▼ 37
Valmont IndustriesVMI503.50
12
518.85-5.56 ▲
20
+6.22%
0.71▷ 90

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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