| Major indexes | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Name | Close | Tr | Mode | RevL (D) | MoM (D) | Days | P/L % | Action | |
| S&P 500 | ^SPX | 7706.03 | 23 | 7632.90 | 1.65 ▲ | 2 | -0.83% | ||
| Nasdaq 100 | ^NDX | 30470.29 | 23 | 29382.40 | 5.43 ▲ | 4 | +3.19% | ||
| Russell 2000 | ^RUT | 2838.66 | 0 | 2952.56 | -6.43 ▲ | 23 | +5.60% | ||
| Gold (spot) | $XAUUSD | 4287.67 | 4 | 4414.02 | -1.58 ▲ | 16 | +1.00% | ||
| US Oil ETF | USO | 148.83 | 9 | 142.76 | 3.72 ▼ | 31 | +19.30% | ||
| iSh. 20+ Y Tr. Bond ETF | TLT | 80.46 | 11 | 82.02 | -2.31 ▲ | 16 | +1.75% | ||
| Bitcoin | BTC_X | 84384.60 | 4 | 78504.75 | 6.76 ▲ | 5 | +4.34% | ||
Abrupt down day and just like that most SPX gains of this week are gone. Tricky conditions.
Stock positions:
CRUS changes to weak bullish mode, with MoM turning down at a low +3. With the market sputtering and bullish participation weak, I will use that to close out this trade at today's Open. An spBuy giving us a quick 10% in 3 weeks, that's never bad. I will post the exit chart on X.
DECK remains under water and is a bit of a problem trade. Waiting for a rebound rally to get a better exit point. But if markets stay weak then that may not work.
| Stocks | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Name | Close | Tr | Mode | RevL (D) | MoM (D) | Days | P/L % | Action | R | |
| Trades in bullish mode - Trend following | ||||||||||
| FLEX was bought a standard Buy signal at $114.07 (Sep 23). RMBS was bought on a dBuy signal at $87.3 (Sep 8). CRUS was bought on a spBuy++ at $108.92 (Aug 31). LUV was bought on a spBuy+ signal at $41.75 (Aug 26). |
||||||||||
| Cirrus Logic | CRUS | 120.45 | 12 | 117.43 | 3.25 ▼ | 6 | -2.14% | -0.97▼ 6 | ||
| Flex Ltd | FLEX | 112.30 | 71 | 109.34 | 0.13 ▲ | 1 | -1.55% | 0.93▷ 101 | ||
| Southwest Airlines | LUV | 41.04 | 4 | 39.98 | 3.78 ▲ | 3 | -1.54% | -0.19▼ 1 | ||
| Rambus Inc | RMBS | 103.47 | 11 | 87.59 | 5.00 ▲ | 2 | +7.78% | -0.65▼ 3 | ||
| SpBuy and dBuy entries - Mean reversal + Swing trading | ||||||||||
| DECK was bought on a spBuy signal at $90 (Aug 20). OC was bought on a spBuy+ signal at $124.92 (Sep 21). | ||||||||||
| Deckers Outdoor | DECK | 78.59 | 8 | 85.77 | -4.95 ▲ | 46 | +24.45% | -0.97▼ 78 | ||
| Owens Corning | OC | 122.88 | 1 | 137.39 | -6.35 ▲ | 23 | +17.20% | 0.14▷ 5 | ||
Quick start guide (no registration needed): ReversalLevels.pdf.
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