Thursday, July 30, 2020

RL for July 30

Today's reversal levels for major indexes and stocks in our public demo portfolio:
  • Weak Buy signal for China SSEC. Possible fake-out move.
  • Sell signal for Nikkei.
  • Partial profits signal for EURUSD. An 8% gain in 52 weeks.
  • Sell signal for IMAX.

  • Hover or tap on an item in the Action column to see strategic advice for the stock.
  • Hover or tap in the "Days" column to see the start date and price for current position.
  • Hover or tap in the weekly trend ("Tr") column to see the weekly reversal level.

Daily reversal levels as of the close on July 29, 2020
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
US - S&P 500^SPX3258.44
7Has been in bullish trend for 7 weeks. Weekly RevL: 2978.19
3174.602.85 ▼
20Bought on 01-Jul-2020 @3105.92
4.91%
UK - FTSE 100^FTSE6131.46
7Has been in bullish trend for 7 weeks. Weekly RevL: 6067.49
6220.57-1.28 ▼
3Sold on 27-Jul-2020 @6123.82
-0.13%
Germany - DAX^DAX12822.26
7Has been in bullish trend for 7 weeks. Weekly RevL: 11650.52
12657.592.06 ▼
51Bought on 19-May-2020 @11200.92
14.48%
Japan - Nikkei^N22522397.11
8Has been in bullish trend for 8 weeks. Weekly RevL: 21411.40
22682.781.37 ▼
0Sell at next Open
0.00%
SellMode turns bearish. Sell at next Open.
China - SSEC^SSEC3294.55
7Has been in bullish trend for 7 weeks. Weekly RevL: 2940.99
3212.10-1.87 ▼
0Buy at next Open
0.00%
wBuyMode turns bullish, but MoM still points down. Weak Buy signal. Buy at next Open or put in a limit order to buy on weakness.
Australia - AOI^AORD6128.00
7Has been in bullish trend for 7 weeks. Weekly RevL: 5848.48
6087.761.73 ▼
56Bought on 12-May-2020 @5559.10
10.23%
Mode turns bullish, but MoM still points down. Weak Buy signal. Buy at next Open or put in a limit order to buy on weakness.
Brazil - BOVESPA^BVSP105605.17
7Has been in bullish trend for 7 weeks. Weekly RevL: 90520.19
100001.885.01 ▲
64Bought on 29-Apr-2020 @81312.89
29.88%
Mode turns bullish, but MoM still points down. Weak Buy signal. Buy at next Open or put in a limit order to buy on weakness.
20+ Y Tr. Bond ETFTLT169.99
35Has been in bullish trend for 35 weeks. Weekly RevL: 155.99
166.715.71 ▲
24Bought on 25-Jun-2020 @164.21
3.52%
Mode turns bullish, but MoM still points down. Weak Buy signal. Buy at next Open or put in a limit order to buy on weakness.
Gold (spot)$XAUUSD1970.37
17Has been in bullish trend for 17 weeks. Weekly RevL: 1650.10
1808.1710.00 ▲
35Bought on 11-Jun-2020 @1736.75
13.45%
Mode turns bullish, but MoM still points down. Weak Buy signal. Buy at next Open or put in a limit order to buy on weakness.
EURUSD$EURUSD1.1790
8Has been in bullish trend for 8 weeks. Weekly RevL: 1.1127
1.14078.73 ▲
52Bought on 19-May-2020 @1.0911
8.06%
pP+Partial profits +. Very good chance to take some money off the table. Can also be used for shorting with QuickTarget.
BitcoinBTC_X11112.04
12Has been in bullish trend for 12 weeks. Weekly RevL: 8511.31
9654.659.30 ▲
8Bought on 22-Jul-2020 @9392.83
18.30%
Partial profits +. Very good chance to take some money off the table. Can also be used for shorting with QuickTarget.
Oil (CL)@CL41.27
7Has been in bullish trend for 7 weeks. Weekly RevL: 33.44
40.021.28 ▼
59Bought on 06-May-2020 @25.52
61.72%
Partial profits +. Very good chance to take some money off the table. Can also be used for shorting with QuickTarget.

Daily reversal levels as of the close on July 29, 2020
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
American Airlines GroupAAL11.40
4Has been in bearish trend for 4 weeks. Weekly RevL: 16.40
12.66-1.64 ▲
25Sold on 24-Jun-2020 @13.59
16.12%
Partial profits +. Very good chance to take some money off the table. Can also be used for shorting with QuickTarget.
Apple IncAAPL380.16
14Has been in bullish trend for 14 weeks. Weekly RevL: 316.58
366.90-0.43 ▼
77Bought on 09-Apr-2020 @268.70
41.48%
Partial profits +. Very good chance to take some money off the table. Can also be used for shorting with QuickTarget.
Aegon NVAEG3.09
5Has been in bearish trend for 5 weeks. Weekly RevL: 3.27
3.12-0.81 ▼
3Sold on 27-Jul-2020 @3.04
-1.65%
Partial profits +. Very good chance to take some money off the table. Can also be used for shorting with QuickTarget.
Adecoagro SAAGRO4.40
21Has been in bearish trend for 21 weeks. Weekly RevL: 5.28
4.352.41 ▼
6Bought on 22-Jul-2020 @4.48
-1.79%
Partial profits +. Very good chance to take some money off the table. Can also be used for shorting with QuickTarget.
Amazon.com IncAMZN3033.53
15Has been in bullish trend for 15 weeks. Weekly RevL: 2361.09
2925.440.42 ▼
88Bought on 25-Mar-2020 @1920.69
57.94%
Partial profits +. Very good chance to take some money off the table. Can also be used for shorting with QuickTarget.
AeroVironment IncAVAV77.69
9Has been in bullish trend for 9 weeks. Weekly RevL: 65.31
75.170.45 ▼
25Bought on 24-Jun-2020 @75.24
3.26%
Partial profits +. Very good chance to take some money off the table. Can also be used for shorting with QuickTarget.
Bank of AmericaBAC25.27
21Has been in bearish trend for 21 weeks. Weekly RevL: 27.55
23.781.76 ▲
4Bought on 24-Jul-2020 @24.56
2.89%
Partial profits +. Very good chance to take some money off the table. Can also be used for shorting with QuickTarget.
Beacon Roofing Supply IncBECN30.91
8Has been in bullish trend for 8 weeks. Weekly RevL: 22.81
27.204.86 ▲
10Bought on 16-Jul-2020 @26.92
14.82%
Partial profits +. Very good chance to take some money off the table. Can also be used for shorting with QuickTarget.
Coeur MiningCDE8.43
9Has been in bullish trend for 9 weeks. Weekly RevL: 4.60
5.9810.00 ▲
16Bought on 08-Jul-2020 @5.33
58.16%
Partial profits +. Very good chance to take some money off the table. Can also be used for shorting with QuickTarget.
CIENA CorpCIEN59.45
15Has been in bullish trend for 15 weeks. Weekly RevL: 47.55
54.825.12 ▲
4Bought on 24-Jul-2020 @54.92
8.25%
Partial profits +. Very good chance to take some money off the table. Can also be used for shorting with QuickTarget.
Dollar Tree IncDLTR95.02
8Has been in bullish trend for 8 weeks. Weekly RevL: 84.47
93.492.02 ▼
30Bought on 17-Jun-2020 @91.57
3.77%
Partial profits +. Very good chance to take some money off the table. Can also be used for shorting with QuickTarget.
Devon EnergyDVN10.84
25Has been in bearish trend for 25 weeks. Weekly RevL: 13.85
11.080.04 ▼
2Sold on 28-Jul-2020 @10.36
-4.63%
Partial profits +. Very good chance to take some money off the table. Can also be used for shorting with QuickTarget.
Eagle PharmaceuticalsEGRX47.95
6Has been in bearish trend for 6 weeks. Weekly RevL: 51.90
49.65-0.68 ▼
3Sold on 27-Jul-2020 @47.88
-0.15%
Partial profits +. Very good chance to take some money off the table. Can also be used for shorting with QuickTarget.
FacebookFB233.29
12Has been in bullish trend for 12 weeks. Weekly RevL: 206.01
238.90-2.08 ▼
4Sold on 24-Jul-2020 @230.19
-1.35%
Partial profits +. Very good chance to take some money off the table. Can also be used for shorting with QuickTarget.
First Solar IncFSLR60.11
7Has been in bullish trend for 7 weeks. Weekly RevL: 47.18
57.024.28 ▼
49Bought on 20-May-2020 @43.60
37.87%
Partial profits +. Very good chance to take some money off the table. Can also be used for shorting with QuickTarget.
Greenbrier CompaniesGBX27.94
7Has been in bullish trend for 7 weeks. Weekly RevL: 20.47
24.254.58 ▲
13Bought on 13-Jul-2020 @25.79
8.34%
Partial profits +. Very good chance to take some money off the table. Can also be used for shorting with QuickTarget.
Alphabet IncGOOGL1523.51
11Has been in bullish trend for 11 weeks. Weekly RevL: 1353.98
1493.650.96 ▼
19Bought on 02-Jul-2020 @1451.84
4.94%
Partial profits +. Very good chance to take some money off the table. Can also be used for shorting with QuickTarget.
Interactive Brokers GroupIBKR50.29
2Has been in bullish trend for 2 weeks. Weekly RevL: 42.57
47.821.89 ▼
18Bought on 06-Jul-2020 @44.35
13.39%
Partial profits +. Very good chance to take some money off the table. Can also be used for shorting with QuickTarget.
IMAX CorpIMAX11.22
41Has been in bearish trend for 41 weeks. Weekly RevL: 14.15
12.651.23 ▼
0Sell at next Open
0.00%
SellMode turns bearish. Sell at next Open.
NiSource IncNI24.76
19Has been in bearish trend for 19 weeks. Weekly RevL: 25.40
23.713.47 ▼
12Bought on 14-Jul-2020 @24.08
2.82%
Mode turns bearish. Sell at next Open.
Intellia TherapeuticsNTLA18.35
13Has been in bullish trend for 13 weeks. Weekly RevL: 16.77
21.20-4.23 ▼
12Sold on 14-Jul-2020 @21.71
15.48%
Mode turns bearish. Sell at next Open.
PaypalPYPL184.60
14Has been in bullish trend for 14 weeks. Weekly RevL: 139.09
170.091.53 ▲
79Bought on 07-Apr-2020 @105.25
75.39%
Mode turns bearish. Sell at next Open.
Ralph LaurenRL72.73
21Has been in bearish trend for 21 weeks. Weekly RevL: 87.68
70.790.26 ▼
10Bought on 16-Jul-2020 @73.18
-0.62%
Mode turns bearish. Sell at next Open.
Rockwell AutomationROK220.97
11Has been in bullish trend for 11 weeks. Weekly RevL: 192.42
216.724.05 ▼
20Bought on 01-Jul-2020 @212.64
3.92%
Mode turns bearish. Sell at next Open.
Sanmina CorpSANM25.84
25Has been in bearish trend for 25 weeks. Weekly RevL: 27.89
25.191.63 ▼
11Bought on 15-Jul-2020 @26.28
-1.67%
Mode turns bearish. Sell at next Open.
Shopify IncSHOP1053.59
14Has been in bullish trend for 14 weeks. Weekly RevL: 676.53
918.400.75 ▲
75Bought on 14-Apr-2020 @467.03
125.59%
Mode turns bearish. Sell at next Open.
Tilray IncTLRY7.53
72Has been in bearish trend for 72 weeks. Weekly RevL: 11.46
7.35-0.37 ▲
1Bought on 29-Jul-2020 @8.00
-5.88%
Mode turns bearish. Sell at next Open.
Tesla Motors IncTSLA1499.11
15Has been in bullish trend for 15 weeks. Weekly RevL: 831.73
1273.393.79 ▼
76Bought on 13-Apr-2020 @590.16
154.02%
Mode turns bearish. Sell at next Open.
Uber TechnologiesUBER31.02
4Has been in bearish trend for 4 weeks. Weekly RevL: 34.04
32.59-1.75 ▼
3Sold on 27-Jul-2020 @31.21
0.61%
Mode turns bearish. Sell at next Open.
Marriott Vacations WorldwideVAC90.21
21Has been in bearish trend for 21 weeks. Weekly RevL: 97.77
85.241.21 ▼
10Bought on 16-Jul-2020 @93.05
-3.05%
Mode turns bearish. Sell at next Open.

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 3000 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.

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