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Thursday, August 6, 2026

Trading Journal: Aug 6, 2026

Daily reversal levels as of the close on August 5, 2026
Major indexes
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
S&P 500^SPX7723.55
16
7463.453.43 ▲
2
+1.22%
Nasdaq 100^NDX29487.79
16
28300.660.11 ▲
2
+1.30%
Russell 2000^RUT3019.19
16
2946.771.23 ▲
2
+0.97%
Gold (spot)$XAUUSD4247.00
9
4035.960.88 ▲
6
-5.37%
Buy
US Oil ETFUSO114.88
0
123.13-0.90 ▼
1
+0.93%
iSh. 20+ Y Tr. Bond ETFTLT83.00
2
84.05-6.56 ▲
24
+2.79%
BitcoinBTC_X64599.20
38
64738.08-1.17 ▲
5
-2.83%

Gold is on a new Buy signal and returns to bullish mode.

Stock positions:

NFLX, one of our special entries, goes into bullish mode. We bought on spBuy++ a few weeks ago at $67.66, and this is the optimal scenario for this kind of trade. With the RevL at $71.76 we all but lock in some profit already, and we can just let it run.
AR is at risk of giving a Sell signal, but it hasn't been triggered yet. So, we hold on.
AA, a trade that went against us, has rebounded quite a bit. If MoM shows signs of topping out then we will probably close it and take the loss.

Stocks
NameCloseTrModeRevL (D)MoM (D)DaysP/L %ActionR
Antero ResourcesAR34.33
12
34.273.08 ▼
5
-1.27%
-0.65▼ 10
Boston ScientificBSX47.74
45
44.975.57 ▲
7
+2.84%
-1.53▼ 45
Pfizer IncPFE25.81
12
24.622.63 ▲
15
+3.49%
-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 IncAA47.69
5
50.54-1.76 ▲
38
+28.10%
0.24▷ 34
Netflix IncNFLX74.20
14
71.761.78 ▲
74
+21.06%
Buy
-0.83▼ 37
Valmont IndustriesVMI496.40
12
518.38-4.13 ▲
21
+7.54%
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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