Wednesday, May 17, 2023

RL for May 17

Today's reversal levels for major indexes and stocks in our public demo portfolio:
  • Bearish divergence for S&P 500. Sputtering rally.
  • Sell signal for Gold.
  • Sell signal for 10Y T-Note.
  • Partial profits signal for Nikkei. A 6% gain in 22 days.
  • Speculative Buy signal for VAC.
  • Bearish divergence for AVAV.
  • Bearish continuation for TSLA. Can add to short positions.

  • 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 May 16, 2023
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
US - S&P 500^SPX4109.90
6
4094.700.44 ▼▼
7
-0.65%
dSell
UK - FTSE 100^FTSE7751.08
4
7808.10-2.28 ▲
7
-0.63%
Germany - DAX^DAX15897.93
27
15727.351.42 ▼
31
3.04%
Japan - Nikkei^N22529842.99
15
28843.888.05 ▲
22
6.64%
pP+
Australia - AOI^AORD7424.10
4
7478.17-1.29 ▲
9
-0.48%
Brazil - BOVESPA^BVSP108193.68
0
104738.936.31 ▲
7
2.88%
Gold (spot)$XAUUSD1988.60
26
2020.050.83 ▼
0
0.00%
Sell
EURUSD$EURUSD1.0861
26
1.0975-2.76 ▼
2
-0.06%
Copper (HG)@HG3.6545
2
3.8710-6.33 ▼
18
8.71%
10 Year T-Note (ZN)@ZN114.92
8
115.740.61 ▼
0
0.00%
Sell
Oil (CL)@CL70.86
1
75.78-3.57 ▲
14
4.73%
BitcoinBTC_X27036.63
8
28149.05-3.76 ▲
8
2.68%

Daily reversal levels as of the close on May 16, 2023
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
American Airlines GroupAAL14.20
8
13.653.53 ▼
11
2.68%
Apple IncAAPL172.07
15
168.594.55 ▼
83
25.77%
Aegon NVAEG4.41
9
4.36-0.97 ▲
1
-1.12%
Adecoagro SAAGRO8.64
4
8.332.90 ▲
13
2.73%
C3.ai IncAI23.56
2
19.363.47 ▲
1
0.26%
Amazon.com IncAMZN113.40
3
105.735.61 ▲
43
18.43%
AramarkARMK37.84
13
35.277.81 ▲
5
4.33%
AeroVironment IncAVAV104.10
14
101.873.49 ▼▼
7
0.63%
dSell
Bank of AmericaBAC27.36
9
28.45-3.84 ▲
15
4.87%
Beacon Roofing Supply IncBECN62.41
0
59.061.89 ▲
12
2.77%
Coeur MiningCDE3.24
0
3.65-2.91 ▼
17
10.74%
CIENA CorpCIEN43.40
3
45.86-4.56 ▲
21
11.34%
Coinbase GlobalCOIN57.88
2
55.552.20 ▲
7
3.54%
Dollar Tree IncDLTR158.82
3
152.393.97 ▲
30
7.24%
Devon EnergyDVN46.13
22
51.79-7.53 ▼
14
12.15%
First Solar IncFSLR212.80
41
189.764.68 ▲
2
-6.70%
Greenbrier CompaniesGBX26.38
9
28.17-2.36 ▲
22
10.64%
Alphabet IncGOOGL119.51
8
108.698.53 ▲
43
24.23%
Interactive Brokers GroupIBKR74.87
39
77.98-1.39 ▲
15
4.89%
IMAX CorpIMAX19.19
17
19.99-3.07 ▼
8
1.74%
Meta PlatformsMETA238.82
16
221.474.24 ▼
114
100.35%
NiSource IncNI27.54
6
28.59-0.64 ▼
1
1.85%
Intellia TherapeuticsNTLA43.70
83
40.867.20 ▼
9
12.75%
Ralph LaurenRL109.48
26
114.30-1.94 ▲
15
2.59%
Rockwell AutomationROK269.98
28
278.64-2.55 ▼
4
-0.91%
Sanmina CorpSANM49.47
8
53.98-3.27 ▼
28
14.25%
Shopify IncSHOP60.12
16
55.8010.00 ▲
39
31.52%
Tesla Motors IncTSLA166.52
3
173.160.86 ▼
24
8.99%
AddSh
Uber TechnologiesUBER37.44
17
36.098.74 ▼
11
6.91%
Marriott Vacations WorldwideVAC123.94
9
131.63-7.13 ▼
14
7.26%
spBuy

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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