- Sell signal for S&P 500, Nikkei and DAX. Whipsaw move. MoM keeps pointing up, so direction of the next swing is highly uncertain at this point.
- Buy signal for EURUSD.
- Can add to shorts in Wheat. Bearish continuation.
- Bullish divergence for HLF. Can be used as a speculative Buy.
- Sell signal for BAC, GDX, IBKR, INVN, ROK and SYNA.
- Bearish divergence for AMBA.
Stop the cursor or tap on the weekly trend ("Tr") column to see the weekly reversal level.
Name | Close | Tr | Mode | RevL (D) | MoM (D) | Days | P/L % | Str. # | Action | |
---|---|---|---|---|---|---|---|---|---|---|
S&P 500 | ^SPX | 2146.10 | 29Has been in bullish trend for 29 weeks. Weekly RevL: 2099.15 | 2168.08 | -0.22 ▲ | 0 | 0.00% | 36#36: Weak sell signal. MoM continues to go up. Possible whipsaw move. Sell or put a stop sell order just below today's low. | Sell | |
Nikkei | ^N225 | 16544.56 | 6Has been in bullish trend for 6 weeks. Weekly RevL: 16237.84 | 16781.03 | -2.56 ▲ | 0 | 0.00% | 36#36: Weak sell signal. MoM continues to go up. Possible whipsaw move. Sell or put a stop sell order just below today's low. | Sell | |
FTSE 100 | ^FTSE | 6818.04 | 12Has been in bullish trend for 12 weeks. Weekly RevL: 6492.65 | 6769.05 | 2.91 ▲ | 5 | 0.07% | 5#5: Weak bullish trend. Bullish mode. => Rallying. Stay long. | ||
DAX | ^DAX | 10393.71 | 9Has been in bullish trend for 9 weeks. Weekly RevL: 10037.49 | 10577.85 | -0.49 ▲ | 0 | 0.00% | 36#36: Weak sell signal. MoM continues to go up. Possible whipsaw move. Sell or put a stop sell order just below today's low. | Sell | |
Volatility (VIX) | ^VIX | 14.50 | 0Has been in bearish trend for 0 weeks. Weekly RevL: 17.20 | 15.12 | -1.41 ▼ | 3 | -8.29% | 15#15: Weak bearish trend. Bearish mode. => Stay out (or short) and wait for buy signals. | ||
20+ Y Tr. Bond ETF | TLT | 137.69 | 41Has been in bullish trend for 41 weeks. Weekly RevL: 134.44 | 135.69 | -1.26 ▲ | 2 | 0.48% | 5#5: Weak bullish trend. Bullish mode. => Rallying. Stay long. | ||
Gold (spot) | $XAUUSD | 1337.75 | 33Has been in bullish trend for 33 weeks. Weekly RevL: 1278.90 | 1321.61 | 0.75 ▲ | 3 | 0.22% | 5#5: Weak bullish trend. Bullish mode. => Rallying. Stay long. | ||
$EURUSD | $EURUSD | 1.1252 | 5Has been in bullish trend for 5 weeks. Weekly RevL: 1.1091 | 1.1182 | -0.31 ▲ | 0 | 0.00% | 33#33: Buy signal. Buy at the Open or use a buy limit order between the current price and the daily reversal level. | Buy | |
Oil (CL) | @CL | 45.61 | 27Has been in bullish trend for 27 weeks. Weekly RevL: 42.05 | 44.34 | -0.22 ▲ | 2 | -0.96% | 5#5: Weak bullish trend. Bullish mode. => Rallying. Stay long. | ||
Wheat (ZW) | @ZW | 396.00 | 13Has been in bearish trend for 13 weeks. Weekly RevL: 447.25 | 409.24 | 0.57 ▼ | 72 | 17.99% | 31#31: Weak bearish trend. Bearish mode. MoM turning down. => Decline resuming. Stay out or go short. | AddSh | |
Name | Close | Tr | Mode | RevL (D) | MoM (D) | Days | P/L % | Str. # | Action | |
---|---|---|---|---|---|---|---|---|---|---|
American Airlines Group | AAL | 34.93 | 10Has been in bullish trend for 10 weeks. Weekly RevL: 33.52 | 36.48 | -4.70 ▼ | 6 | 2.05% | 7#7: Weak bullish trend. Bearish mode. => Ongoing decline. Stay out until MoM turns back up. | ||
Apple Inc. | AAPL | 112.88 | 8Has been in bullish trend for 8 weeks. Weekly RevL: 102.59 | 108.21 | 8.31 ▼ | 9 | 3.94% | 2#2: Bullish trend. Weak bullish mode. => Peaking or pausing. Cautious hold. | ||
Ambarella, Inc. | AMBA | 66.32 | 15Has been in bullish trend for 15 weeks. Weekly RevL: 56.11 | 65.05 | 0.15 ▼▼ | 8 | -0.88% | 46#46: Weak bullish trend. Weak bullish mode. MoM turning down with bearish divergence. => Weak price action indicates increased risk for a significant pullback. Can use this divergence as an early Sell signal. (Can also be used to go short) | dSell | |
Amazon.com Inc. | AMZN | 799.16 | 25Has been in bullish trend for 25 weeks. Weekly RevL: 703.38 | 773.54 | 6.98 ▲ | 6 | 2.46% | 1#1: Bullish trend. Bullish mode. => Rallying. Stay Long. | ||
Alibaba Group Holding | BABA | 105.89 | 27Has been in bullish trend for 27 weeks. Weekly RevL: 86.12 | 100.13 | 7.55 ▲ | 60 | 33.84% | 1#1: Bullish trend. Bullish mode. => Rallying. Stay Long. | ||
Bank of America | BAC | 15.09 | 8Has been in bullish trend for 8 weeks. Weekly RevL: 14.43 | 15.60 | -1.68 ▼ | 0 | 0.00% | 35#35: Sell signal. Sell any remaining position at Open. (Can also be used to go short, e.g. with a sell limit order between the current price and the daily reversal level.) | Sell | |
Biogen Inc. | BIIB | 309.82 | 9Has been in bullish trend for 9 weeks. Weekly RevL: 279.13 | 302.47 | 2.32 ▲ | 4 | 0.27% | 5#5: Weak bullish trend. Bullish mode. => Rallying. Stay long. | ||
Chesapeake Energy | CHK | 6.62 | 9Has been in bullish trend for 9 weeks. Weekly RevL: 5.06 | 6.49 | -1.45 ▼ | 53 | 47.11% | 2#2: Bullish trend. Weak bullish mode. => Peaking or pausing. Cautious hold. | ||
3D Systems Corp. | DDD | 16.86 | 10Has been in bullish trend for 10 weeks. Weekly RevL: 13.79 | 15.65 | 3.93 ▲ | 14 | 6.44% | 1#1: Bullish trend. Bullish mode. => Rallying. Stay Long. | ||
eBay Inc. | EBAY | 31.67 | 10Has been in bullish trend for 10 weeks. Weekly RevL: 27.98 | 31.40 | -0.06 ▲ | 55 | 28.01% | 5#5: Weak bullish trend. Bullish mode. => Rallying. Stay long. | ||
Exact Sciences | EXAS | 19.44 | 14Has been in bullish trend for 14 weeks. Weekly RevL: 14.04 | 18.85 | 4.11 ▼ | 83 | 198.16% | 22#22: Weak bullish trend. Weak bullish mode. MoM turning down. => Peaking or pausing. Can take partial profits by selling half and keeping the rest. | ||
Facebook, Inc. | FB | 127.31 | 34Has been in bullish trend for 34 weeks. Weekly RevL: 118.13 | 126.44 | 1.88 ▼ | 57 | 9.16% | 2#2: Bullish trend. Weak bullish mode. => Peaking or pausing. Cautious hold. | ||
FireEye, Inc. | FEYE | 14.48 | 58Has been in bearish trend for 58 weeks. Weekly RevL: 17.22 | 14.65 | -2.17 ▲ | 11 | -0.42% | 12#12: Bearish trend. Weak bearish mode. => Trying to bottom out. Speculative buy as long as the stock trades near its recent lows. | ||
Gold Miners ETF | GDX | 26.78 | 33Has been in bullish trend for 33 weeks. Weekly RevL: 24.27 | 27.92 | -0.09 ▲ | 0 | 0.00% | 36#36: Weak sell signal. MoM continues to go up. Possible whipsaw move. Sell or put a stop sell order just below today's low. | Sell | |
Gilead Sciences Inc. | GILD | 80.62 | 21Has been in bearish trend for 21 weeks. Weekly RevL: 84.89 | 79.25 | 4.83 ▲ | 4 | -1.72% | 13#13: Weak bearish trend. Bullish mode. => Rallying. Hold. | ||
Alphabet Inc. | GOOGL | 802.65 | 9Has been in bullish trend for 9 weeks. Weekly RevL: 761.31 | 789.91 | 3.73 ▲ | 55 | 11.57% | 5#5: Weak bullish trend. Bullish mode. => Rallying. Stay long. | ||
GoPro, Inc. | GPRO | 16.92 | 1Has been in bullish trend for 1 weeks. Weekly RevL: 13.09 | 14.15 | 7.15 ▲ | 6 | 8.46% | 1#1: Bullish trend. Bullish mode. => Rallying. Stay Long. | ||
Herbalife Ltd. | HLF | 61.13 | 30Has been in bullish trend for 30 weeks. Weekly RevL: 59.57 | 63.09 | -1.59 ▲▲ | 26 | 4.08% | 42#42: Weak bullish trend. Weak bearish mode. MoM turning up with Bullish divergence. => Good potential for a rally. Can use this divergence as an early Buy signal. | dBuy | |
Interactive Brokers Group | IBKR | 35.36 | 14Has been in bearish trend for 14 weeks. Weekly RevL: 36.85 | 36.01 | 2.06 ▼ | 0 | 0.00% | 39#39: Sell signal. Sell any remaining position at Open. (Can also be used to go short, e.g. with a sell limit order between the current price and the daily reversal level.) | Sell | |
InvenSense, Inc. | INVN | 7.30 | 6Has been in bullish trend for 6 weeks. Weekly RevL: 6.92 | 7.68 | 1.45 ▼ | 0 | 0.00% | 35#35: Sell signal. Sell any remaining position at Open. (Can also be used to go short, e.g. with a sell limit order between the current price and the daily reversal level.) | Sell | |
Netflix, Inc. | NFLX | 94.56 | 1Has been in bullish trend for 1 weeks. Weekly RevL: 93.27 | 98.04 | -2.03 ▼ | 3 | 1.03% | 3#3: Bullish trend. Bearish mode. => Ongoing decline. Stay out until MoM turns back up. | ||
Orbital ATK Inc. | OA | 76.00 | 6Has been in bearish trend for 6 weeks. Weekly RevL: 82.82 | 76.17 | -1.81 ▲ | 32 | -6.07% | 12#12: Bearish trend. Weak bearish mode. => Trying to bottom out. Speculative buy as long as the stock trades near its recent lows. | ||
Transocean Ltd. | RIG | 9.52 | 6Has been in bearish trend for 6 weeks. Weekly RevL: 11.10 | 9.76 | -2.57 ▲ | 11 | 1.25% | 12#12: Bearish trend. Weak bearish mode. => Trying to bottom out. Speculative buy as long as the stock trades near its recent lows. | ||
Rockwell Automation | ROK | 114.59 | 29Has been in bullish trend for 29 weeks. Weekly RevL: 112.51 | 116.94 | 0.87 ▲ | 0 | 0.00% | 36#36: Weak sell signal. MoM continues to go up. Possible whipsaw move. Sell or put a stop sell order just below today's low. | Sell | |
Starbucks | SBUX | 54.04 | 6Has been in bearish trend for 6 weeks. Weekly RevL: 56.88 | 55.20 | -4.40 ▲ | 12 | 2.00% | 12#12: Bearish trend. Weak bearish mode. => Trying to bottom out. Speculative buy as long as the stock trades near its recent lows. | ||
SolarCity | SCTY | 19.98 | 4Has been in bearish trend for 4 weeks. Weekly RevL: 23.37 | 20.09 | -0.15 ▲ | 39 | 18.88% | 12#12: Bearish trend. Weak bearish mode. => Trying to bottom out. Speculative buy as long as the stock trades near its recent lows. | ||
Senior Housing Prop. | SNH | 23.53 | 29Has been in bullish trend for 29 weeks. Weekly RevL: 19.80 | 22.17 | 3.48 ▲ | 3 | 2.30% | 5#5: Weak bullish trend. Bullish mode. => Rallying. Stay long. | ||
Synaptics Inc. | SYNA | 56.40 | 21Has been in bearish trend for 21 weeks. Weekly RevL: 62.75 | 58.25 | -0.56 ▼ | 0 | 0.00% | 39#39: Sell signal. Sell any remaining position at Open. (Can also be used to go short, e.g. with a sell limit order between the current price and the daily reversal level.) | Sell | |
Tesla Motors, Inc. | TSLA | 208.99 | 3Has been in bearish trend for 3 weeks. Weekly RevL: 222.89 | 210.64 | 1.38 ▲ | 22 | 6.33% | 12#12: Bearish trend. Weak bearish mode. => Trying to bottom out. Speculative buy as long as the stock trades near its recent lows. | ||
Twitter, Inc. | TWTR | 23.37 | 6Has been in bullish trend for 6 weeks. Weekly RevL: 17.30 | 18.71 | 5.25 ▲ | 6 | 21.59% | 1#1: Bullish trend. Bullish mode. => Rallying. Stay Long. | ||
Note: This is a live demo portfolio to show how reversal levels work for different types of stocks, not a recommendation to invest in any of those companies.
The daily reversal levels for more than 2700 stocks and etf are available by monthly subscription.
Comes with full instructions and strategies for using the reversal levels and the MoM indicator in your own trading. Give it a try.
No comments:
Post a Comment