Wednesday, May 3, 2023

RL for May 3

Today's reversal levels for major indexes and stocks in our public demo portfolio:
  • Bullish continuation for Gold. Can add to positions.
  • Bullish continuation for 10Y T-Note. Can add to positions.
  • Sell signal for Brazil Bovespa. Failed rally.
  • Speculative Buy signal for CDE and GBX.
  • Bearish continuation for ARMK. 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 2, 2023
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
US - S&P 500^SPX4119.58
4
4087.220.90 ▲
3
-0.24%
UK - FTSE 100^FTSE7773.03
2
7750.712.05 ▼
18
1.30%
Germany - DAX^DAX15726.94
25
15621.371.99 ▼
21
1.93%
Japan - Nikkei^N22529157.95
13
28399.055.32 ▲
15
4.19%
China - SSEC^SSEC3323.27
14
3324.91-3.14 ▼
5
-0.68%
Australia - AOI^AORD7459.80
2
7448.020.75 ▼
18
0.59%
Brazil - BOVESPA^BVSP101926.95
20
104426.19-1.36 ▼
0
0.00%
Sell
Gold (spot)$XAUUSD2016.28
24
1968.94-0.38 ▲
37
7.97%
Add
EURUSD$EURUSD1.0999
24
1.08841.99 ▼
31
2.60%
10 Year T-Note (ZN)@ZN115.56
6
114.310.45 ▲
36
2.69%
Add
Oil (CL)@CL71.66
2
78.47-4.24 ▼
4
3.66%
BitcoinBTC_X28694.85
6
29214.820.49 ▼
1
-2.17%

Daily reversal levels as of the close on May 2, 2023
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
American Airlines GroupAAL13.77
6
13.30-0.54 ▲
1
-0.43%
Apple IncAAPL168.54
13
163.513.54 ▲
73
23.19%
Aegon NVAEG4.39
7
4.500.40 ▼
0
0.00%
Sell
Adecoagro SAAGRO8.21
2
8.12-0.16 ▲
3
-2.38%
C3.ai IncAI17.24
0
21.33-4.71 ▲
18
18.53%
Amazon.com IncAMZN103.63
1
101.662.09 ▼
33
8.23%
AramarkARMK34.02
11
35.27-2.67 ▼
58
13.24%
AddSh
AeroVironment IncAVAV101.64
12
102.45-2.37 ▼
4
-1.62%
Bank of AmericaBAC28.16
7
29.61-1.31 ▼
5
2.09%
Beacon Roofing Supply IncBECN60.21
6
58.401.28 ▲
2
-0.86%
Coeur MiningCDE3.39
4
3.78-6.34 ▼
7
6.61%
spBuy+
CIENA CorpCIEN44.70
1
48.07-6.69 ▲
11
8.68%
Coinbase GlobalCOIN51.32
0
60.32-4.84 ▼
9
18.84%
Dollar Tree IncDLTR154.69
1
148.404.07 ▲
20
4.45%
Devon EnergyDVN50.71
20
53.74-2.12 ▼
4
3.43%
First Solar IncFSLR176.40
39
205.33-6.41 ▼
4
12.06%
Greenbrier CompaniesGBX26.50
7
29.49-7.31 ▼
12
10.23%
spBuy+
Alphabet IncGOOGL105.32
6
103.780.90 ▲
33
9.48%
Interactive Brokers GroupIBKR74.13
37
80.50-4.82 ▼
5
5.83%
IMAX CorpIMAX20.30
15
19.600.95 ▲
2
-2.92%
Meta PlatformsMETA239.24
14
211.528.44 ▲
104
100.70%
NiSource IncNI27.91
4
28.580.33 ▼
0
0.00%
Sell
Intellia TherapeuticsNTLA37.00
81
37.890.02 ▲
8
-3.04%
Ralph LaurenRL112.50
24
116.43-2.79 ▼
5
-0.10%
Rockwell AutomationROK279.02
26
275.901.01 ▲
3
-2.10%
Sanmina CorpSANM52.10
6
55.60-7.18 ▲
18
9.69%
Shopify IncSHOP46.78
14
46.080.59 ▼
29
2.34%
Tesla Motors IncTSLA160.31
1
175.88-6.14 ▲
14
12.38%
Uber TechnologiesUBER36.52
15
30.651.05 ▲
1
4.28%
Marriott Vacations WorldwideVAC135.68
7
137.24-0.52 ▼
4
-1.53%

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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