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Friday, August 7, 2026

Trading Journal: Aug 7, 2026

Daily reversal levels as of the close on August 6, 2026
Major indexes
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
S&P 500^SPX7709.96
16
7488.085.25 ▲
3
+1.04%
Nasdaq 100^NDX29373.33
16
28379.271.77 ▲
3
+0.91%
Russell 2000^RUT3001.55
16
2951.542.22 ▲
3
+0.38%
Gold (spot)$XAUUSD4240.83
9
4059.671.98 ▲
1
-0.17%
US Oil ETFUSO118.87
0
122.97-2.35 ▼
2
-2.51%
iSh. 20+ Y Tr. Bond ETFTLT82.52
2
83.98-6.26 ▲
25
+3.35%
BitcoinBTC_X64259.20
38
64754.35-0.70 ▲
6
-2.29%

A bit of a pause after the surge to new highs in SPX. Note that NDX is still below its early June record highs.
Bitcoin sits just below its RevL, stays mild bearish.

Stock positions:

Nothing to do in our stock positions. We just let the trades work.

Stocks
NameCloseTrModeRevL (D)MoM (D)DaysP/L %ActionR
Antero ResourcesAR34.90
12
34.282.43 ▼
6
+0.37%
-0.65▼ 10
Boston ScientificBSX49.30
45
45.266.15 ▲
8
+6.20%
-1.53▼ 45
Pfizer IncPFE26.20
12
24.713.74 ▲
16
+5.05%
-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 IncAA47.48
5
50.38-0.69 ▲
39
+28.42%
0.24▷ 34
Netflix IncNFLX73.69
14
71.892.20 ▲
1
-1.93%
-0.83▼ 37
Valmont IndustriesVMI491.91
12
517.43-2.98 ▲
22
+8.38%
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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