Saturday, October 14, 2023

RL for Oct 16

Today's reversal levels for major indexes and stocks in our public demo portfolio:
  • Buy signal for Gold.
  • Sell signal for DAX. Failed rally.
  • Buy signal for AVAV and DVN.
  • Speculative Buy signal for AAL and CIEN.
  • Sell signal for AEG, COIN, SANM and UBER.
  • Bearish divergence for TSLA.

  • 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 October 13, 2023
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
US - S&P 500^SPX4327.78
3
4319.020.98 ▲
2
-1.21%
UK - FTSE 100^FTSE7599.60
4
7526.210.59 ▲
3
-0.38%
Germany - DAX^DAX15186.66
8
15441.23-0.63 ▲
0
0.00%
Sell
Japan - Nikkei^N22532315.99
0
31894.16-2.59 ▲
1
-0.04%
Australia - AOI^AORD7243.50
8
7204.96-0.56 ▲
2
-0.52%
Brazil - BOVESPA^BVSP115754.08
22
114789.34-0.24 ▲
2
-0.84%
Gold (spot)$XAUUSD1931.70
8
1862.12-0.73 ▲
0
0.00%
Buy
EURUSD$EURUSD1.0509
7
1.0659-1.03 ▼
56
4.25%
Copper (HG)@HG3.5800
24
3.6621-3.47 ▲
18
4.11%
10 Year T-Note (ZN)@ZN107.72
20
108.41-1.75 ▲
28
1.78%
Oil (CL)@CL87.69
12
88.19-4.49 ▲
7
-3.84%
BitcoinBTC_X26862.90
8
27501.65-0.36 ▼
2
0.03%

Daily reversal levels as of the close on October 13, 2023
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
American Airlines GroupAAL11.72
8
13.36-5.30 ▼
58
29.18%
spBuy++
Apple IncAAPL178.85
2
175.533.71 ▲
4
0.42%
Aegon NVAEG4.72
5
4.89-0.40 ▲
0
0.00%
Sell
Adecoagro SAAGRO10.69
26
11.27-5.02 ▲
9
3.95%
C3.ai IncAI24.75
5
27.100.01 ▲
49
34.87%
Amazon.com IncAMZN129.79
25
128.970.24 ▲
1
-2.40%
AramarkARMK25.35
10
29.47-10.00 ▼
16
31.26%
AeroVironment IncAVAV111.52
5
106.65-1.16 ▲
0
0.00%
Buy
Bank of AmericaBAC26.76
7
27.45-2.76 ▲
42
10.05%
Beacon Roofing Supply IncBECN72.83
0
77.68-1.00 ▼
1
2.19%
Coeur MiningCDE2.50
22
2.191.63 ▲
2
8.23%
CIENA CorpCIEN42.00
0
46.43-6.13 ▼
13
8.91%
spBuy+
Coinbase GlobalCOIN73.43
15
78.760.92 ▼
0
0.00%
Sell
Dollar Tree IncDLTR107.94
8
114.57-2.11 ▲
47
26.71%
Devon EnergyDVN48.39
3
46.60-1.95 ▲
0
0.00%
Buy
First Solar IncFSLR147.92
8
163.50-4.54 ▲
27
17.59%
Greenbrier CompaniesGBX40.39
17
39.870.74 ▲
2
-0.49%
Alphabet IncGOOGL137.36
30
134.125.14 ▼
7
1.70%
Interactive Brokers GroupIBKR85.09
0
88.93-1.61 ▼
2
2.70%
IMAX CorpIMAX17.74
0
19.26-2.10 ▼
2
5.18%
Meta PlatformsMETA314.69
38
304.425.86 ▼
11
2.38%
NiSource IncNI25.78
2
25.05-0.11 ▲
2
-0.46%
Intellia TherapeuticsNTLA29.83
14
33.18-5.50 ▲
58
29.03%
Ralph LaurenRL109.57
8
114.98-2.86 ▼
45
10.36%
Rockwell AutomationROK288.32
4
287.383.28 ▲
2
-4.16%
Sanmina CorpSANM52.81
10
54.170.99 ▼
0
0.00%
Sell
Shopify IncSHOP51.55
3
56.09-1.42 ▲
19
12.88%
Tesla Motors IncTSLA251.12
6
250.591.83 ▼▼
7
-3.42%
dSell
Uber TechnologiesUBER43.48
39
46.500.18 ▼
0
0.00%
Sell
Marriott Vacations WorldwideVAC93.18
31
100.05-3.09 ▲
56
26.59%

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.

Friday, October 13, 2023

Charts Oct 13, 2023

SPX is sputtering after 5 days of advances. That's pretty normal at this point, but how does it continue? In our charts we see that there are still several hurdles to take before we can trust this rally more. A move above 4600 would of course take away all doubts whether the bull market is still on. Things are happening between 4200 and 4400 at the moment and how the market comes out of that range will be quite crucial.

Market situation:

* 193 SPX stocks in bullish mode = downtick. Needs to get above 50% to become properly bullish.
* BullsPower at 9, BearsPower at 35. BearsPower keeps the upper hand.
* 403 stocks with upward MoM (green dashed line). Down a bit, stays just above 80%.
* The dW at 4411 is within reach. A move above it would be significant.
* Market stays in the narrow semi-envelope, but could turn more acutely bearish again on a move below 4340

* BMO keeps going up and appears headed for the +2 peak zone.
* ELC is going up.
* Repellor line at 4405 is an upside target to watch.

* SPX Rotator is going up.
* Both the red and green components are gathering some steam.
* Bands are not slowing down yet, much less bottom out. Keeping an eye on that.

* SwX is yellow - neutral.
* Daily MoM is back above zero. If the recent move was just a dead cat bounce then you would expect MoM to flatten and peak out near zero.
* Trendlines are not in play at the moment.

* Icebergs chart shows green mountain returning in the recent days. That's a plus, but it needs to get and stay above 4 to be more convincingly bullish.

RL for Oct 13

Today's reversal levels for major indexes and stocks in our public demo portfolio:
  • Buy signal for Nikkei.
  • Buy signal for AMZN.
  • Speculative Buy signal for ARMK.
  • Sell signal for BECN. Failed rally.

  • 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 October 12, 2023
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
US - S&P 500^SPX4349.61
2
4319.650.16 ▲
1
-0.72%
UK - FTSE 100^FTSE7644.78
3
7520.28-0.52 ▲
2
0.22%
Germany - DAX^DAX15425.03
7
15258.74-1.32 ▲
2
0.38%
Japan - Nikkei^N22532494.66
0
31866.95-5.17 ▲
0
0.00%
Buy
Australia - AOI^AORD7287.40
7
7204.06-1.98 ▲
1
0.08%
Brazil - BOVESPA^BVSP117050.74
21
114680.51-1.31 ▲
1
0.27%
Gold (spot)$XAUUSD1868.65
7
1880.87-3.89 ▲
13
2.45%
EURUSD$EURUSD1.0526
6
1.0667-1.03 ▲
55
4.10%
Copper (HG)@HG3.5940
23
3.6697-3.53 ▲
17
3.74%
10 Year T-Note (ZN)@ZN107.23
19
108.44-2.47 ▲
27
2.22%
Oil (CL)@CL82.91
11
88.21-5.16 ▼
6
1.82%
BitcoinBTC_X26756.23
7
27551.480.65 ▼
1
0.43%

Daily reversal levels as of the close on October 12, 2023
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
American Airlines GroupAAL12.06
7
13.43-4.67 ▼
57
27.13%
Apple IncAAPL180.71
1
175.253.20 ▲
3
1.47%
Aegon NVAEG4.81
4
4.80-0.50 ▲
1
-0.82%
Adecoagro SAAGRO10.64
25
11.31-5.21 ▲
8
4.40%
C3.ai IncAI25.28
4
27.25-0.14 ▲
48
33.47%
Amazon.com IncAMZN132.33
24
128.97-0.67 ▲
0
0.00%
Buy
AramarkARMK25.70
9
29.82-10.00 ▼
15
30.31%
spBuy++
AeroVironment IncAVAV105.66
4
109.86-2.08 ▲
7
1.31%
Bank of AmericaBAC26.90
6
27.43-4.09 ▲
41
9.58%
Beacon Roofing Supply IncBECN74.53
21
77.98-0.20 ▼
0
0.00%
Sell
Coeur MiningCDE2.24
21
2.190.38 ▲
1
-3.03%
CIENA CorpCIEN43.53
5
46.61-5.56 ▼
12
5.60%
Coinbase GlobalCOIN75.19
14
74.921.36 ▲
3
-4.82%
Dollar Tree IncDLTR107.47
7
114.85-3.01 ▲
46
27.03%
Devon EnergyDVN46.69
2
48.01-4.02 ▲
21
8.38%
First Solar IncFSLR149.39
7
164.29-5.11 ▲
26
16.77%
Greenbrier CompaniesGBX40.81
16
39.820.00 ▲
1
0.54%
Alphabet IncGOOGL138.97
29
133.835.16 ▲
6
2.89%
Interactive Brokers GroupIBKR85.47
18
89.20-0.98 ▼
1
2.26%
IMAX CorpIMAX18.03
10
19.40-0.62 ▼
1
3.63%
Meta PlatformsMETA324.16
37
303.615.90 ▲
10
5.46%
NiSource IncNI25.39
1
25.02-2.16 ▲
1
-1.97%
Intellia TherapeuticsNTLA28.91
13
33.37-6.04 ▲
57
31.22%
Ralph LaurenRL109.81
7
115.43-2.20 ▼
44
10.17%
Rockwell AutomationROK300.03
3
287.613.17 ▲
1
-0.27%
Sanmina CorpSANM54.07
9
53.031.30 ▲
1
-1.19%
Shopify IncSHOP53.33
2
56.24-1.45 ▲
18
9.87%
Tesla Motors IncTSLA258.87
5
250.632.25 ▲
6
-0.43%
Uber TechnologiesUBER45.95
38
45.160.66 ▲
2
-2.03%
Marriott Vacations WorldwideVAC95.27
30
100.38-3.20 ▲
55
24.94%

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.

Thursday, October 12, 2023

RL for Oct 12

Today's reversal levels for major indexes and stocks in our public demo portfolio:
  • Buy signal for S&P 500 and Australia AOI.
  • Sell signal for Bitcoin.
  • Buy signals for AEG, BECN, CDE, GBX, NI, ROK and SANM.
  • Speculative Buy signal for ARMK.
  • Sell signals for IBKR and 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 October 11, 2023
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
US - S&P 500^SPX4376.95
2
4319.13-1.30 ▲
0
0.00%
Buy
UK - FTSE 100^FTSE7620.03
3
7510.72-2.00 ▲
1
-0.11%
Germany - DAX^DAX15460.01
7
15242.45-2.92 ▲
1
0.61%
Japan - Nikkei^N22531936.51
0
32315.25-7.61 ▲
12
1.79%
Australia - AOI^AORD7281.20
7
7195.46-3.91 ▲
0
0.00%
Buy
Brazil - BOVESPA^BVSP117050.74
21
114680.51-1.31 ▲
1
0.27%
Gold (spot)$XAUUSD1873.61
7
1880.43-6.20 ▲
12
2.19%
EURUSD$EURUSD1.0617
6
1.0669-1.63 ▲
54
3.27%
Copper (HG)@HG3.6140
23
3.6757-3.79 ▲
16
3.20%
10 Year T-Note (ZN)@ZN107.94
19
108.43-3.27 ▲
26
1.58%
Oil (CL)@CL83.49
11
88.42-5.06 ▼
5
1.14%
BitcoinBTC_X26871.21
7
27631.581.89 ▼
0
0.00%
Sell

Daily reversal levels as of the close on October 11, 2023
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
American Airlines GroupAAL12.48
7
13.48-4.39 ▲
56
24.59%
Apple IncAAPL179.80
1
174.852.15 ▲
2
0.95%
Aegon NVAEG4.91
4
4.80-1.43 ▲
0
0.00%
Buy
Adecoagro SAAGRO10.80
25
11.35-5.25 ▲
7
2.96%
C3.ai IncAI26.72
4
27.26-0.83 ▲
47
29.68%
Amazon.com IncAMZN131.83
24
132.28-2.10 ▲
15
0.08%
AramarkARMK26.32
9
30.11-10.00 ▼
14
28.63%
spBuy++
AeroVironment IncAVAV108.06
4
109.99-2.17 ▲
6
-0.93%
Bank of AmericaBAC27.02
6
27.46-5.54 ▲
40
9.18%
Beacon Roofing Supply IncBECN77.95
21
76.13-0.10 ▲
0
0.00%
Buy
Coeur MiningCDE2.33
21
2.19-0.29 ▲
0
0.00%
Buy
CIENA CorpCIEN44.41
5
46.77-5.22 ▼
11
3.69%
Coinbase GlobalCOIN77.35
14
74.971.33 ▲
2
-2.09%
Dollar Tree IncDLTR107.03
7
115.22-3.92 ▲
45
27.33%
Devon EnergyDVN46.75
2
48.06-5.65 ▲
20
8.26%
First Solar IncFSLR151.50
7
164.80-5.72 ▲
25
15.59%
Greenbrier CompaniesGBX41.00
16
39.79-0.90 ▲
0
0.00%
Buy
Alphabet IncGOOGL140.55
29
133.324.46 ▲
5
4.06%
Interactive Brokers GroupIBKR87.42
18
89.35-0.73 ▲
0
0.00%
Sell
IMAX CorpIMAX18.70
10
19.450.45 ▼
0
0.00%
Sell
Meta PlatformsMETA327.82
37
301.704.91 ▲
9
6.65%
NiSource IncNI26.05
1
25.01-4.64 ▲
0
0.00%
Buy
Intellia TherapeuticsNTLA30.25
13
33.55-6.46 ▲
56
28.03%
Ralph LaurenRL111.82
7
115.77-1.53 ▼
43
8.52%
Rockwell AutomationROK299.92
3
286.822.04 ▲
0
0.00%
Buy
Sanmina CorpSANM54.48
9
52.991.05 ▲
0
0.00%
Buy
Shopify IncSHOP54.24
2
56.34-2.12 ▲
17
8.33%
Tesla Motors IncTSLA262.99
5
249.992.06 ▲
5
1.15%
Uber TechnologiesUBER46.64
38
45.120.09 ▲
1
-0.55%
Marriott Vacations WorldwideVAC98.97
30
100.50-3.84 ▲
54
22.03%

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.